Is it a good time to buy Bitcoin ?

[blckhawk]

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 ?

Well, personally, I think every time is the best time to buy bitcoins even if you are going for a trade but it will always depend on your timescale. I mean, if you purchase around $13k worth BTC you can still possibly earn profit and all you need to do is to wait. Honestly, we don't have any idea if Bitcoin if going to fall again or will go more higher, so I think the best option is to take the risk and purchase the amount you want then wait for it to acquire profit.

[kentrolla]

I would recommend you to wait for sometime until the price of BTC goes down because this is not the right time to invest as the market is bit stable from couple of weeks also the price is high when compared to the past few months price charts, there is a simple strategy if market buy low and sell high now anything is possible so better hodl your money and wait.

[wheelz1200]

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 ?

Its always a good time to buy bitcoin, whether dumping or pumping cost average in.  Put in buys regularly and you will protect yourself from both bottom and top buying bitcoin.  Its a good risk reduction method.

[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 ?

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.

i want bitcoin to trade other cryptocurrencies in exchanges not trade bitcoin itself

[ibuddy122505]

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 ?

Its always a good time to buy bitcoin, whether dumping or pumping cost average in.  Put in buys regularly and you will protect yourself from both bottom and top buying bitcoin.  Its a good risk reduction method.

Absolutely right, there's a phrase that i maintain- the more you wait, the greater amount of chances you're losing the opportunity to get benefit. Bitcoin is very profitable so it's always recommendation to invest now. Don't wait other prediction, buy regularly and then you will find yourself as a winner in the long run.

[davinchi]

I am not sure anymore, I was thinking about selling my bitcoins at $13k when they moved beyond it, after that I saw it break over $14k and decided not to sell them, I was too late to sell at $13k and when I saw $14k it was also too late to sell because I imagined it would go higher, and now I am not sure.

Right now is not the time people could tell you to buy or sell, it is really high and usually you should buy when it is low and not when it increased this much, if you asked me during that $10k I always told people to buy because I believed it would go up and I was right, it did went up. This doesn't mean that it will not go up now, it could still go as much as $15k or even $20k and it could happen very soon as well, nobody could say it won't but it also is not guaranteed as much as it used to.

[onecall123]

Bitcoin is the best performing asset of the decade. Bitcoin has so much damn potential that invested in it much worth while. BTC is going higher and higher so pay attention to it. It's got the most solid potential to seriously multiply your money over the next few years. So far I'm hodling for years now and quite happy about it.

[Ridwan Fauzi]

A few weeks ago bitcoin price weakened and tried to reach $9800 and below as its support previous support but it can't happen. Its price just touch $10000 as new support and has tauched many times it means I just thinking that at the current situation bitcoin will not fall to below $10.000

More than that with the strong fundamental I believe bitcoin can reach $20.000 as its all time high even more than that. As we may know the election in US will give a big thing for bitcoin price movement and also at the pandemic situation. The government will give a big stimulus that will make the dollar price will fall and as we may know if the dollar price fall bitcoin will increase as usual. So, this time is a good time to buy bitcoin, but you have to find another reason by yourself.

[coin-investor]

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 ?

This is the problem with people who keep asking the right time to buy until they found out that the price already increased, you should buy when you have the money to buy not waiting for the price to drop, I have experienced that myself waiting for the price to drop so I can buy but it never happened, because of the uncertainty of the market.

[bitbunnny]

I always say that the good time to buy Bitcoin is always when you have extra money and can afford to buy it.
Currently the price is on the rise so maybe a few weeks ago the time was more convenient but it's hard to predict when the price will fall or rise so it's up to everyone estimation what is the most convenient time. Just don't speculate too much, the price might go up even more.

[Oceat]

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.

Totally agree with this, but should know when to invest, to buyback and sell. Dealing with this unpredictable market of Bitcoin is a real challenge we don't know yet if when this PayPal hype would ended because I know somewhere down the line the unexpected will always going to happen. And for the OP, I suggest you buy during the dip instead of buying now since the price is in peak side, you don't want to be worried if you are planning for a short term trade. Although, after the halving almost everyone is expecting the bull run next year, you might want to buy now and HODL until next year when the bull run starts.

[Fortify]

Nobody can really help you in this situation - you are asking other people to predict the future and if anyone could do that, they would be making a lot of money from it. The general trend for bitcoin does seem to be upwards and demand is heavy right now. You have to remember that there are finite bitcoins available, which can fall each day as bitcoins get "lost" to the original owners for whatever reason and everyone is essentially competing for a pie of 21 million pieces. It seems healthy to have a chunk of bitcoin as part of a diversified portfolio, but it really depends on how much money you could afford to lose.

[Oasisman]

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

But for a new comer in crypto space like him it isn't.
Did the people bought at $100, $1,000, or $6,000 said they bought late at a lower price?
I may reconsider buying today as late for the lower price If you're invested with Btc for quite a long time already.
Buying today might be a perfect timing for the future price of Bitcoin. Who knows Btc might be over $100,000 in the next few years. Btc's volatility makes it more interesting to invest.

[ingiltere]

Bitcoin is going new highs, I'm not sure if it's first step of going new all time high but right now it's the highest number already, passed 14k and trying to hold onto it now.
You should ask yourself this, are you confident that Bitcoin is in bull run now and it will break strengths? If you are not confident enough you might make a panic buy and that would return you a loss.

I'm optimistic and I feel that Bitcoin will see new highs next year but I also hold my BTC so my buying point is not 14k. I probably wouldn't buy from this price if I do not have any BTC. Buy low and sell high, this is the basic principle. You are asking if you should buy from top already. Yes, we might see new tops, and I'm pretty sure we will see, but who knows when? If you want to make a good profit your entry point is very important.

but im affraid that if i wait it will go more higher to 16k-20k

This is the exact thing we call "FOMO".

[ardentvolcanoes]

Bitcoin is the best performing asset of the decade. Bitcoin has so much damn potential that invested in it much worth while. BTC is going higher and higher so pay attention to it. It's got the most solid potential to seriously multiply your money over the next few years. So far I'm hodling for years now and quite happy about it.

It's good for long term if you will treat it as your reserve investment but due to volatilities you need to plan ahead before taking your position.

For long term investors any time is good for buying bitcoin as the chance of rising the value are always possible to this coin after several years.

Make sure though that you are willing to take the risk in case something happened and affects the current rate, it happened before so anticipate

that it may happen again.

[Welsh]

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.

I'd say those asking similar questions to this, should probably hold off investing into Bitcoin, until they've learned more about it, and how much the Bitcoin market has swung back, and forth over the years. Its probably never a good idea to invest in something that you aren't at least a little knowledgeable about, and wont have your opinion swayed easily, especially when listening to those that are on a Bitcoin forum, because their outlook is likely to be more positive than a broad investor.

[Johnyz]

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 ?

There is no assurance for everything, bitcoin can go up or down no one can tell, if you are willing to take risk you can buy now, or if you think bitcoin is too expensive on its current price then wait for the price drop. Personally, i stop buying bitcoin because i already did this when the price is around 10K and now I’m just waiting for the right moment to sell.

[goaldigger]

Buy bitcoin based on your own research because its too risky to depend on any advices since we all have difference insight about the price trend of bitcoin. I can buy now and wait for the price to go up and that is because of my risk tolerance, so what is ok for me might not be ok for you. There’s no good time to buy bitcoin, all you just need is to know what is good for you and have your own investment strategy.

[STT]

i need to buy it at this price ?

Buy it and hold for a year is viable, to buy shorter term is speculative.    Last estimates Ive been reading is for a 2 year price accumulation which presumably means now is fine to buy, however thats the best case scenario and it might take five years for any positive to be seen overall.   Quite alot of patience is required and the ideal is to use BTC rather then only hold it for storage, some countries their own currency is so bad that BTC seems entirely sensible always as its linked to the wider world rather then a failing national economy.

[lkjhg]

I don't know if it's the right time to buy Bitcoin, but mass adoption has already started,
Paypal, Twitter, etc. are trying to integrate blockchain in it, one of which is Bitcoin.
if you want to buy then you have to buy at a lower price, monitor prices all the time.