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Author Topic: Not Sure On Whether To Buy Crypto Or Not?  (Read 709 times)
sapnu
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December 07, 2020, 09:33:02 PM
 #81

I think it is good to buy some crypto (e.g. Bitcoin) for investing purposes or using in some places. If you invest in a good cryptocurrency and be patient, you could make very nice profit in time. Also, it feels very nice to use crypto on buying something too. The fees can be high as the price goes up but I believe that there will be a good solution for it in the future.
Investing in crypto is really a good idea but to invest your money at a time like this is too risky since the value of every coin is rising up and that is too expensive when you try to buy some. But if you try to support some project that will just be developed, I think it is worth risking for as long as you know the important information about the project, of what are the things you need to consider when you are supporting a particular project, since your own money is involved. There's no need to be ignorant, to avoid loss of funds.
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December 07, 2020, 09:59:04 PM
 #82

Yes, you can buy now. This article help you for buying bitcoin. Today bitcoin price is high but you can buy in December. After this year bitcoin price can be increase or decrease. But in this month bitcoin price increase. So I tell you now you can buy.
I don't think anyone could predict Bitcoin's price, so there no need to assume it would increase or decrease. Bitcoin has already crossed $19k so I think buying time has already gone.

Bitcoin price is one of the factors that affect people's decision when to buy bitcoin, but before make that decision new adopters should know the fundamental of bitcoin as technology, the adoption in financial sphere, and the risks that may occur. Depending on the purpose of buying bitcoin, whether for trading or for long-term investment, several factors must be considered, not just the current price.
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December 07, 2020, 10:47:39 PM
 #83

Yes, you can buy now. This article help you for buying bitcoin. Today bitcoin price is high but you can buy in December. After this year bitcoin price can be increase or decrease. But in this month bitcoin price increase. So I tell you now you can buy.
I don't think anyone could predict Bitcoin's price, so there no need to assume it would increase or decrease. Bitcoin has already crossed $19k so I think buying time has already gone.

Bitcoin price is one of the factors that affect people's decision when to buy bitcoin, but before make that decision new adopters should know the fundamental of bitcoin as technology, the adoption in financial sphere, and the risks that may occur. Depending on the purpose of buying bitcoin, whether for trading or for long-term investment, several factors must be considered, not just the current price.

You cant really blame out those people because one of the most common point on why people do jumped in into this market is solely into its price and later on when theyve been engaging into this market for a while
then thats the time they would discover even more like fundamentals and other things about bitcoin.Learning cant really be just attained in a short span of time.Let those people do discover those things on their
own because nothing beats out on the things we do learn or gained through experience.

When you do tend to buy then always be sure that you do know the risk and you do now on what you're doing.

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December 07, 2020, 11:23:47 PM
 #84

There have been many articles that have provided explanations for why we should buy Bitcoin, the most powerful reason is
because Bitcoin can be a source of income. But if we look at the Bitcoin price which is already above $ 19,000 and its performance is
the best compared to other assets. No need to read the article, finally many people start getting interested in investing in Bitcoin,
in fact, many large companies and rich people have started buying Bitcoin. So there is no reason for us middle class and lower class
not to buy Bitcoin.

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December 07, 2020, 11:25:13 PM
 #85

Believe me without reading that article, many of us already know why we should buy crypto or increase your portfolio to the very best of your capability  Cool
Although don't just buy any crypto just for the sake of it, buy what really deserves it, or better yet, only invest in projects that really have the potential to provide service both online and offline (something that has usability)
Because with time projects with no real usage will die off because the owners will be tired of doing artificial price pump as a result of lack of real demand.

In my opinion, at this point if you long any crypto right now, regardless of the price it will be profitable for you in the future. Because there's now a supply shock between the whale's and the institutional investors. Better to accumulate as much as you can before. More big companies jumping in to the Cryptocurrency market.
And we have to accept that crypto investment is really profitable and the fact that many big companies are jumping and accumulating cryptos, the more it increases the potentiality.

@OP, we don't need to give doubts. I suggest you to study crypto first to avoid unnecessary blaming in the end if we claim that it was good and profiting but on your side is the big opposite. I want you also to encourage yourselves and have to open-up your mind.

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December 08, 2020, 12:58:48 AM
 #86

Most investors buy crypto just for profit and everyone knows that, whether it's short or long term

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December 08, 2020, 05:31:10 AM
 #87

Most investors buy crypto just for profit and everyone knows that, whether it's short or long term
And even those pretending to be Holder still there are certain Point that they will surely sell the holding to profit.
So everyone here wanted to gain from risking and effort since this is very volatile market and those Adopter that claiming to be?for sure they can never resist to Sell if the price of Bitcoin climbs to 30,000$ or more.
I think it is good to buy some crypto (e.g. Bitcoin) for investing purposes or using in some places. If you invest in a good cryptocurrency and be patient, you could make very nice profit in time. Also, it feels very nice to use crypto on buying something too. The fees can be high as the price goes up but I believe that there will be a good solution for it in the future.
and if OP really want to invest then nothing needs to ask because the market is in Bull and the time is lapsing to tackle if buying or not.
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December 08, 2020, 07:11:50 AM
 #88

Believe me without reading that article, many of us already know why we should buy crypto or increase your portfolio to the very best of your capability  Cool
Although don't just buy any crypto just for the sake of it, buy what really deserves it, or better yet, only invest in projects that really have the potential to provide service both online and offline (something that has usability)
Because with time projects with no real usage will die off because the owners will be tired of doing artificial price pump as a result of lack of real demand.

In my opinion, at this point if you long any crypto right now, regardless of the price it will be profitable for you in the future. Because there's now a supply shock between the whale's and the institutional investors. Better to accumulate as much as you can before. More big companies jumping in to the Cryptocurrency market.
And we have to accept that crypto investment is really profitable and the fact that many big companies are jumping and accumulating cryptos, the more it increases the potentiality.

@OP, we don't need to give doubts. I suggest you to study crypto first to avoid unnecessary blaming in the end if we claim that it was good and profiting but on your side is the big opposite. I want you also to encourage yourselves and have to open-up your mind.
It's best that before you start buying crypto, atleast you are aware of its benefits and consequences. But with bitcoin, you should not miss today's opportunity because even if the current price is already high, you will still make huge profits in the next few months because of big companies that continue to adopt bitcoin which makes bitcoin price too bound to increase. Not just big institutions but even the small ones too because of the high potentials that within bitcoin and will grow more once its massive adoption takes place.

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December 08, 2020, 07:56:45 AM
 #89

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
The hold is always gold.So if you hold your coin you must be profitable from this coin but must be controlled emotionally and always positive. Now buy bitcoin is another chance to make a profit easily but remember that anytime price can be up or down so never panic about this situation.   

The value of hold would be known to all those who had bought bitcoin or crypto this year few months back as well and continue to hold will have gained a good amount of increase in their portfolio. This is not the end and the rise may continue in 2021 as well. There may be some fall as its near ATH so profit booking may happen before holiday season begin but will bounce back again.

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December 08, 2020, 11:21:53 AM
 #90

If you're not sure about whether you should invest in cryptocurrencies or not it probably means you still don't have enough information about crypto, risk wise Bitcoin and crypto are very similar to lower cap stocks(not too low but lower than major stocks like Amazon and Apple), and what it means is they're easier to move(up or down) hence they're riskier investments and it means by default you should put less money on them so that some down movements doesn't shake you and make you stressful to the point that you sell on panic, in other words the amount of money invested in crypto should not be too much that 30-40% or even more down movements makes you uncomfortable.

As long as you consider the risks that you're taking and you're okay with being down on your investment for a year or so and willing to wait instead of panic selling you're going to make it in crypto.
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December 09, 2020, 05:01:02 PM
 #91

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
^ It is fair and righteous to buy bitcoin to protect you financially but to buy MORE bitcoin that is another concern that has a lot of things you need to consider before doing so. Bitcoin is volatile and we cannot simply assume the price it will project in a day or two I suggest that you only invest with the amount that you can only afford to lose, in that sense no matter what happens, there will only be a minimal effect on you emotionally. Patience must be put into consideration as well if you want to buy more bitcoin because if you do so and would not get the profit you are expecting in a short period of time then you might just get disappointed since you invested a lot yet hardly seeing any progress on it you may just find it stressful. Probably there are a lot of things you need to consider first before diving into a decision that you might not yet prepare for and will just drown you in the end.
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December 10, 2020, 01:17:11 AM
 #92

In my sense, buying crypto is always depends on buyers mind which he or she wants. Before buying, you must have a look on the market situation and demand. Obviously you will invest get some profit. So you must have minimum knowledge about it. Current market is unstable and price is almost unpredictable. So do your own research before investing in any crypto.

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December 10, 2020, 01:35:30 AM
 #93

The decision of buying bitcoin/altcoins is a right choice to safe guard your hard earnings. Only thing needs to be taken into account is the right opportunity to buy. Most of the time out of enthusiasm people buy at the wrong time. This causes heavy loss, because most of the newcomers have a blank opinion that bitcoin is a quick rich asset.
Yes, I agreed with you. Most of the people buy crypto when it's pumped but its high risky and they also invest her full money. We know that the crypto market always violent so the price can be changed anytime. If you have some money to invest, buy anything  when its low price and bitcoin never frustrated  us just need to control emotions and believe your self and set a profit goal

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December 10, 2020, 02:50:18 AM
 #94

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
I don't need to click your Link to add as viewer to Learn why should i Buy Crypto and also I have no plan of buying crypto now since i'm loaded,and if ever i will decide to buy again that would be Bitcoin and nothing else more.

Try not to use the topic to gain viewer because topic can be discuss here as this is Bitcoin/crypto discussion Site,if there is a need to tackle better up front so many would learn and share the meaning of each topic.

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December 10, 2020, 05:03:27 AM
 #95

Now the cryptocurrency price is increasing again, and it is an asset that by owning it will make a profit. Therefore I am interested to have it.
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December 10, 2020, 07:50:45 AM
 #96

Well since you have made yourself a bitcointalk account and are posting this question for us here it means this is something on your mind and you consider doing it.

You will hear from many people saying to Buy because we want the price to go up and more people buy means greater value for the coin.

Make this decision on your own not from forum posters.  You can start with buying just a small amount and see if you enjoy this community which you will I think.

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December 10, 2020, 12:53:53 PM
 #97

It is better to buy crypto and hold crypto currency to trade safely. The risk here will be much less. There is no need to consider too much. If the price goes up, it will become profitable. For this, the market must be well researched. It is better to hold on to any currency investment. Try to buy at a lower price and sell at a higher price. Then it will be possible to deal with the situation. If you buy at a higher price, the traders will suffer a lot if the price goes down. Assists in crypto market research and planning.
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December 10, 2020, 02:21:08 PM
 #98

It is better to buy crypto and hold crypto currency to trade safely. The risk here will be much less. There is no need to consider too much. If the price goes up, it will become profitable. For this, the market must be well researched. It is better to hold on to any currency investment. Try to buy at a lower price and sell at a higher price. Then it will be possible to deal with the situation. If you buy at a higher price, the traders will suffer a lot if the price goes down. Assists in crypto market research and planning.
Indeed, the practice of most holders. Some got into FOMO, for they don't know more about crypto. They are just like riding a car without knowing how to control it, and of course, it will never go through its destination. Investing in crypto must have a plan, we can't simply put our money at risk without a simple preparation otherwise, we got nothing in the end.

Buy HIGH, sell at LOW. Not common but familiar to beginners.
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December 10, 2020, 02:45:40 PM
 #99

It is better to buy crypto and hold crypto currency to trade safely. The risk here will be much less. There is no need to consider too much. If the price goes up, it will become profitable. For this, the market must be well researched. It is better to hold on to any currency investment. Try to buy at a lower price and sell at a higher price. Then it will be possible to deal with the situation. If you buy at a higher price, the traders will suffer a lot if the price goes down. Assists in crypto market research and planning.

Are you sure? I don't know what you are talking about also is it a not too much risky? Come on mate BTC is extremely popular for it's volatility and liquidity. It's very risky mate.

Also we need to research on daily basis if we invest in this, trust me this is not the right time to buy BTC from now anything can happen either pump or dump now the market is slow so plan accordingly.









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December 10, 2020, 03:51:55 PM
 #100

Now the cryptocurrency price is increasing again, and it is an asset that by owning it will make a profit. Therefore I am interested to have it.

The dip till 18k has just given all of us another opportunity to buy before it bounces and back and move upwards again above 19.5k. Before the new year let’s make some profits and those who want to hold for long term then should not be worry much as in the end it will bounce back and will move above 20k as well.

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