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Author Topic: Not Sure On Whether To Buy Crypto Or Not?  (Read 711 times)
Kong Hey Pakboy
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November 21, 2020, 02:47:44 PM
 #41

On the fence about buying crypto? Or about buying MORE crypto?

Buying a lot of cryptos or bitcoin is great if the price is still at a lower level. Since bitcoin is bullish now, if you want to buy altcoins at the moment,
you should make sure that the coin follows the bitcoin trend.  If you look at the price of bitcoin now, it’s overbought, it’s going to have a price drop.
So it is probably best if intending to buy bitcoin will have to wait for the price to drop. Do not take part in FOMO (fear of missing out) which causes the risk of loss.
Buying bitcoin and other cryptocurrencies during bullish time might be risky because anytime the price could make a huge drop if whales started to sell their holdings. It is why it's much better to buy cryptocurrency before bullish times because you will definitely have high returns from your investment. But I think it is okay to buy crypto during bullish times because there are low chances for you to experience huge losses.

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November 21, 2020, 03:24:44 PM
 #42

Buying crypto is definitely will gives you a profit but before that it is necessary to understand the market sentiments. The risks of investing because of the price volatility. Other people has doubt on buying crypto but when price boom in the market they feel regret. So, invest only on what you can afford to lose and buying is a good decision.
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November 21, 2020, 03:37:37 PM
 #43

Well, there are indeed investors who are hesitant to invest at this moment simply because the market price of Bitcoin and other cryptos are high. No one knows what will happen next and people are just afraid on the possibility of correction's occurrence in this market. I'd say invest if you are ready for the consequences and choose not to if you feel regretting once the unexpected occur. There is a sense to wait for its price to fall down, because it would be practical in a way, less risk to shoulder as well but ofcourse you will wait until its price fall again, and additional patience waiting for its price to again go up.
In my opinion, a situation like this is quite reasonable, it takes patience to wait for the price to fall, but it is difficult to predict, it turns out that the price is getting higher, as a result waiting in vain, even not making a purchase. This kind of phenomenon is confusion, on the other hand the fear of risking big losses, on the other hand, emotionally out of control seeing higher prices.
in trading must be very careful.

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November 21, 2020, 03:57:53 PM
 #44

whenever you buy is a good time and not too late...
The current price of Bitcoin is slowly rising, if you buy now you will make a profit when Bitcoin touches $ 20k. it's not too late for you to buy Bitcoin and add value to your investment.

Buy what you want and where you want, crypto allows you to make a free choice.
agree.

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November 21, 2020, 04:00:15 PM
 #45

we do have to buy cryptocurrencies to invest in the long term.  Buy cryptocurrencies that are decentralized because they have a higher potential to go up and don't buy cryptocurrencies that investors don't like because they have little potential to go up.

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November 21, 2020, 04:15:20 PM
 #46


If you don't know crypto first, the perception and fear of setting aside your money as crypto investment will certainly be a problem, and the fear of losing your funds is very high. but if you have studied and know about crypto properly and correctly, then your perception will be reversed. to feel a loss why only now know about crypto. obviously investing in crypto is very profitable if you want to analyze it well and don't be careless and don't panic quickly.

in the learning stage, of course you also have to be slow and don't need to be eager to buy a lot because you could be wrong, if you already understand and there is funds, you don't need to be afraid to buy and invest in large numbers. You will regret all this time why you just found out about crypto.
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November 21, 2020, 08:16:33 PM
 #47

On the fence about buying crypto? Or about buying MORE crypto? Here’s everything you need to know about why you should buy more. https://www.tap.global/why-you-should-buy-bitcoin
Even before I opened the article I already knew what they were going to say, it’s always adoption and everyone knows that. Talking about the same adoption, first I’d like to point out that Bitcoin is mainly the cryptocurrency that is gaining adoption and it has real usage, a lot of people are using it for transactions and also for trading.

It’s not the same for other cryptocurrencies. There has been news of all these big institutions that are investing in cryptocurrency, and if you check them all, it’s Bitcoin that they are buying and not altcoins.

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November 21, 2020, 08:19:29 PM
 #48

On the fence about buying crypto? Or about buying MORE crypto? Here’s everything you need to know about why you should buy more. https://www.tap.global/why-you-should-buy-bitcoin

Good article. But first of all a person should understand for himself what is the concrete aim in investing into Bitcoin or some other crypto currency. To do it because it is fashionable or someone told that it is very perspective it may become not so ideal variant for him in case not to learn in deep before investing assets into whatever it may be.
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November 21, 2020, 09:21:40 PM
 #49

The beauty about cryptocurrency is the fact that the choice will be entirely yours, but the regret is also in you once the coin you wanted to buy tkes off and you second-guessed on it. So if you see yourself in a situation where you are stuck between buying crypto or not, check your portfolio, does it habe crypto in it? If no is your answer, you might just need to buy some.

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November 21, 2020, 09:31:07 PM
 #50

Buying and using something that is not in the hands of the greedy government is already enough reason to buy bitcoin. The people who do not buy bitcoin are not the kind to take risks or are brainwashed by fiat and they think the government is here to protect them and that the bank is safe. Not having any central authority to go to if something goes wrong makes them feel nervous. Weak people constantly require the law to protect them.

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November 21, 2020, 09:32:31 PM
 #51

we do have to buy cryptocurrencies to invest in the long term.  Buy cryptocurrencies that are decentralized because they have a higher potential to go up and don't buy cryptocurrencies that investors don't like because they have little potential to go up.
Each investor has their own likes and dislikes in choices for investing in cryptos. You may like an altcoin that I don't like. And I may like bitcoin and you don't like just like some other crypto investors. Deciding for long term or short term will determine yourself if you see it as a good investment in the long term. But if you don't like to wait, decide with the short term as an investor. But in my experience, long term is profitable as it is and unlikely to lose but it requires tolerance and a lot of patience.

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November 22, 2020, 11:08:54 PM
 #52

Do assess yourself first before coming up into decision making on whether you will buy more crypto or not. The decision truly relies on your capacity and capability to purchase or obtain crypto depending on the amount you have on hand and the current situation you are currently up to. If you see yourself to be financially stable and can attain purchasing any crypto you are targeting with, then go on and grab the opportunity of buying. But if you are having a second thought because of your financial capabilities, then step back and wait up until you have extra money to spend with. Never spend any amount that you know that is already intended to be spent on something. Never set aside your priorities over matters that you can still do on other time around. Assessment first on yourself if you can carry out purchasing at this time will be the first step you must do to help you decide if you are going to buy or not.

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November 25, 2020, 07:24:27 PM
 #53

If you ask me, every time is a good time to buy Bitcoin if you can afford that.
However, now it might be a little bit tricky because the price is rather high and it's still rising. There is a possibility for correction too so the price might pull back. But on a long term it's definitely worth investing.
It's up to your financial possibilities and your risk appetite if you will buy or not, but decision should be all yours.
I think that psychologically speaking this is a very difficult moment to buy, it is true that the price could keep going up on the short term and there are high probabilities of that but it is very difficult to buy when the price is about to surpass its previous ATH, bitcoin gave a lot of opportunities to people to enter the market for a good price and if they did not took those opportunities that is their fault, it is better to wait for the correction before entering the market.
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November 25, 2020, 07:33:01 PM
 #54

Right now decision on buying of crypto needs to be made thyself. As the entire cryptocurrency market is bullish one need to spend big to profit. In my learning, users who are into trading can buy at this increased price. As the market is fluctuating, surely one can profit out of the difference taking place at time intervals. If that isn't possible, then one should wait until the price correction takes place to buy at low price.

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November 25, 2020, 11:51:11 PM
 #55

buying crypto sometimes makes some people feel unsure, but if you buy bitcoin it is certain and it will make you understand that if you manage it properly it will make you profit
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November 26, 2020, 12:15:03 AM
 #56

buying crypto sometimes makes some people feel unsure, but if you buy bitcoin it is certain and it will make you understand that if you manage it properly it will make you profit
It's not all of people can manage it properly but in this thread the main context was about making people tried to visit his site and that can bring more traffic to his site too.
he was creating a good enough article to be read by anyone.

People will always have a reason before they try to buy crypto and otherwise the same thing will happen when people didn't try to buy crypto. That depends on how they good they are thinking about which coin that could bring them profit but there must be an exception for bitcoin. Anyone tried to adopt bitcoin without needed a reason.

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November 26, 2020, 01:42:21 AM
 #57

On the fence about buying crypto? Or about buying MORE crypto? Here’s everything you need to know about why you should buy more. https://www.tap.global/why-you-should-buy-bitcoin
We are in a world where we can do anything as long as you have the opportunity and the things you need in order to do it.

I didn't read the article you shared because I know when to buy and when not to. That might help those confused investors though. Just don't buy at the peak unless you can risk seeing your portfolio with a double digit negative in the future Cheesy.

 
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November 30, 2020, 04:57:25 PM
 #58

On the fence about buying crypto? Or about buying MORE crypto? Here’s everything you need to know about why you should buy more. https://www.tap.global/why-you-should-buy-bitcoin
We are in a world where we can do anything as long as you have the opportunity and the things you need in order to do it.

I didn't read the article you shared because I know when to buy and when not to. That might help those confused investors though. Just don't buy at the peak unless you can risk seeing your portfolio with a double digit negative in the future Cheesy.
We reached a new ATH just a few hours ago and this is good but immediately after that the price has gone down it is still above 19k but the volume of this movement is very low so I will not be surprised if this is the last attempt of the bulls of breaking the ATH and then a considerable drop in the price follows, obviously I would like for the positive tendency to keep itself but the low volume makes me suspect the current spike cannot be maintained at all.
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December 04, 2020, 08:27:47 PM
 #59

On the fence about buying crypto? Or about buying MORE crypto? Here’s everything you need to know about why you should buy more. https://www.tap.global/why-you-should-buy-bitcoin

Is it possible to accurately predict whether it is necessary to invest 100% money in one or another currency? In my opinion, give preference to coins that are in the top and analyze possible purchase options.
This nice page to find new coins:
https://coinmarketcap.com/new/

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December 05, 2020, 07:18:55 AM
 #60

On the fence about buying crypto? Or about buying MORE crypto? Here’s everything you need to know about why you should buy more. https://www.tap.global/why-you-should-buy-bitcoin

Is it possible to accurately predict whether it is necessary to invest 100% money in one or another currency? In my opinion, give preference to coins that are in the top and analyze possible purchase options.
This nice page to find new coins:
https://coinmarketcap.com/new/

I Don think that's even possible, nobody can accurately predict a certain project will give 100% returns, everything investment is about taking chances, predictions do occur in a positive or negative way, sometimes we expect an investment to give xx in a particular period but it will happen in the opposite direction,
It is better to have a prepared mind that it could go either way, however, if the the investment is intended for long term then it is possible to expect good return especially when the project has what it takes.

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