Is it a good time to buy Bitcoin ?

[crypto1998]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

[bgaisha]

I suggest that, while there is nothing like the "best time to buy bitcoin", the decision as to buy or sell is completely up to you.

[Ender19]

It all depends on your timescale..if you're willing to wait patiently for years and not panic-sell during the crazy downswings in between, then any time is the best to buy bitcoin, because eventually it'll be worth more than you've paid for it.

[pixie85]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

In other words you want to profit but can't decide if the current price is high or low

I had fun reading this because it's one of the best examples of FOMO attitude presented by newbie traders.

Nobody is going to help you here. Buy if you want, don't buy if you don't want it.

If all you want is to make some quick buck and dump it next week, don't buy. You'll get burned and come back here to cry that it's manipulated by whales and you lost money.

[3meek]

I would have waited for the moment when Bitcoin can consolidate above 14K... If it happens, I would buy... Now it is risky to do so, because as you said there is a chance to buy it at 10K...

[Welsh]

Bitcoins history has suggested that it is very volatile, and reacts to news with bigger swings than more traditional currencies. For example, the recent Paypal news, and various other things have caused the price to rise, however its not guaranteed that the price will return to lower values, even when you look at the history. That's the beauty, and risk of investing. Words of advice is always; only invest what you can afford, Bitcoin although can make you a lot of money, you can also lose just as much. You have to be willing to lose what you invest, and still be able to support your life outside the investment. No one, and I mean no one can give you 100% assurance that you will make money. You can read all the information, and speculation out there, but it doesn't mean its anywhere near being accurate, and what tomorrow brings.

[DustyRah]

The next halving is way out in 2024 so if you are able to throw the ca$h in and wait, you will come along well in the future or possibly even in the short term given the PayPal news. The key is to HODL till you get the price you want but your money may get stuck on it for a while so only throw at it what you can sit on. If you know how to sit well, this will build out nice.

[harizen]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

Everytime the price is going upwards, that's the always question.

Everytime the price is going downwards, others are waiting for more dip before making an entry but in most cases, it doesn't happen.

The best mindset should be, once 100% decided and you understand the risks, go ahead and enter at any price level. After that, hope for the best. For sure, the same question will be raised again either the price goes upwards or downwards later on.

[error08]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

Today bitcoin price reaches $14K for a moment and then drops to $13,800, a volatile market obviously.
You can check some technical analysis where bitcoin is heading, mostly show that it will break $14K and may reach $15K by in this month.
No one can guarantee it will happen 100% but the sign and market sentiment leads there.
Don't invest what you can't afford to lose, you can wait as long as you want, but I doubt it will fall below $12K anytime soon.

[Raflesia]

Everytime the price is going upwards, that's the always question.

Everytime the price is going downwards, others are waiting for more dip before making an entry but in most cases, it doesn't happen.

The best mindset should be, once 100% decided and you understand the risks, go ahead and enter at any price level. After that, hope for the best. For sure, the same question will be raised again either the price goes upwards or downwards later on.

This question is often asked, maybe beginners say like this, if you don't want to take the risk then I think there's no need to do that bitcoin price is difficult to guess but with analysis we will know how to react to the speculation we have prepared, for me this is the price still low and it will probably go up above $ 15k if that happens if it goes down then we should stick with the btc coin hold.

The mindset must be guarded, don't just look at the increase for a while, it will make the OP hesitant and have to choose which one is clear that you are strong in trading,

[peter0425]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

I think you should lean first what is Bitcoin before trying to use this as trading material because this is not unless you have enough capital to do so.

Bitcoin price ranging from 13-14k these days and only gaining 1-3% each day,so how can you expect to get profit on that amount of increase when transaction fees will be there to take your small profit?
better consider other coins that has fast movement,if you get the perfect timing then you will have good income each day.

[maydna]

I guess you are a bit late to buy bitcoin at a lower price

But you can buy bitcoin at any price without thinking about the high or low price, but I suggest you wait for a while until you can see a big red candle come to the market. If you can see that sign, that will be a good time to buy bitcoin because the price will be lower than before, and you can buy bitcoin as much as you want. Bitcoin price now seems to want to rallies to the high price because the green candle is back to the market, and the price still rise, and hopefully, the price will break $14k. You can wait for more for the next correction of the price to buy bitcoin.

[cryptoaddictchie]

I guess you are a bit late to buy bitcoin at a lower price

Literally speaking yes. But since crypto is volatile, we dont know when it will hit a non stop geen dildo state. It could be also a bottom to a $100k price but still its not sure.

If OP is seeking a higher gains then there are some with lots of potential aside from bitcoin with lowe cap but still risky. Same goes with btc but with its popularity and adoption, price could move stantaneously. Better to have some bag of it so in any case it did moon you can share some gains.

[maxreish]

Well, if you wish to be a long term trader, it's a good price to buy now. A right time to buy is the key to gain a good profits. I suggest you have to learn reading indicators so you may know "when" is the right price to buy bitcoin.

It's hard  to just say this is the right time to buy at $13k because market suddenly crashes or regret not to buy now and suddenly it pumps. Better to rely on twchnical analysis and wait for another dip so you'll have a better future accumulation of profits.

I think you need to read this tip for you to atleast have an idea about  the best buy btc.

[lifeOK]

I can see bitcoin headed for the moon, this is best investment that will grow your money but you will have the ability to use it. I don't know about other perspective on this things but I'd personally load up on bitcoin. There doesn't require to go through any research to be made purchase bitcoin.

[GreatArkansas]

If you are afraid to for buying Bitcoin, then you can use some stable coin pairs, like USDT pairs just for trading if you don't want to get affected by the price of Bitcoin.
I also experienced this before when I am using Bitmex since Bitmex only allowed Bitcoin to trade and I only have fiat or money on my bank account. But the purpose of it, is for trading it Bitmex so I didn't think about the price of Bitcoin if I want to convert my fiat to Bitcoin and use it for trade, I think and focus on trading, how will I gain more Bitcoin.

[Kelvinid]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

If I tell you that this is not a good time to buy Bitcoin, does it matters to you?
That because you are afraid, you are also not sure if you want to invest and face the risk. There are various factors that help you to fill your doubts and maybe decided not to invest now.

try to check its market trend, try to consider what happens when the price surging high. Dumps have something to see after. Buying Bitcoin this time is not really good but of course, it also depends on your discretion.

[Lucius]

I can’t know when the OP first heard of BTC, but I can only tell him that it’s completely wrong to ask what he asks - so we’re not some prophets here who know if the price will drop below $10 000 again. Nothing is impossible when it comes to Bitcoin, and if you invest be prepared for losses one way or another, and by that I mean not only changes in price, but also the security of storing something as security-sensitive as Bitcoin.

For anyone asking this question, investing in BTC is always good - but only with that money you’re willing to lose at any moment - for some people it’s still better to stick to fiat or maybe gold.

[arwin100]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

That's why you need to react base on how the market loves today and if you want to buy by now simply monitor the market on how far the dump go and if you see enough fall then start to accumulate then wait for the pump since for sure we can see more pumping in next following days. But always remember that our expectations on the outcome sometimes never happen on our trades that's why it's good to spend time watching the market while you are waiting for good position or want to sell.

[Kong Hey Pakboy]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

I think waiting for bitcoin's price to go down is the right decision before investing your money in it because bitcoin's price is still in a range of $13,000, and there are still chances for bitcoin's price to go down at least $10,000. To be honest, No one knows when will bitcoin prices go up or down due to its volatility. But if you assume and analyze that it will take long for bitcoin to go down at least $10,000 price, I think you should grab the opportunity to buy bitcoin.