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Author Topic: Is it a good time to get in or not  (Read 2598 times)
modellao6
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November 24, 2020, 12:41:59 PM
 #81

If i had sold all of my altcoins and all investing in BTC in 2017, now I wouldn't have less than 10 percent of my assets. BTC is a miracle, three year, come back to its peakedness.
prince V
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November 24, 2020, 01:11:55 PM
 #82

If you want to get a profit at the end of this year then it is too late, unless you are willing to take big risks and not much profit.
Even though there is too much hype out there that believes that bitcoin can reach top prices above $ 25k, the risk of investing in bitcoin today is enormous especially the current bitcoin price has exceeded $ 19k.



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speedforce
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November 24, 2020, 01:26:00 PM
 #83

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?

in my opinion, its based on what timeframe did you want to invest in. if you want to have long term investment, its good. But if you want to have a short term investment, its too late. Maybe in some weeks we will see some corrections.

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November 24, 2020, 01:40:15 PM
 #84

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?

I think Bitcoin is currently in a bull run and many predict that the price of Bitcoin will reach $20,000 soon and you can even predict to win a prize of $10,000 by predicting when the price of Bitcoin will reach $20,000 at https://coinmarketcap.com/bitcoin-price-prediction, then I think it's still the right time for you to invest in Bitcoin and get profit from investing in Bitcoin, because the price of Bitcoin will definitely increase very high and exceed the price of ATH ($20,089).

Ken_terrance
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November 24, 2020, 01:46:02 PM
 #85

Bitcoin is over 19k right now, it's getting more dangerous to get into Bitcoin right now, I think the best strategy is to go for altcoins instead, there is XRP, XMR, ETH, BNB, LINK, etc, these altcoins aren't close to their old ATH in 2017, they are just getting warming up for the next altcoin season, start buying before it gets too late

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TheGreatPython
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November 24, 2020, 03:22:15 PM
 #86

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
Those people you’re talking about that invested around the 2017’s $20,000 price, if they really invested an amount that they can risk, it wouldn’t be a big deal as they will have to leave it there till now, when the price got to $18,000 since last week they already recovered almost all their investment, and it’s just $2000 left.

I don’t think the market is stopping here, there is still more of the uptrend to come, the market will keep going and we might be in for another bull ride this year or next. And to answer your question, you can still invest, it’s not late yet, but you have to be at alert and know what’s up with the market.

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hannahB4
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November 24, 2020, 03:46:41 PM
 #87

The final decision lies with you because bitcoin price may continue to rise and this will be to your advantage. This is risk to be taken as the market is volatile but you can chill to see if the price will fall but if you are worth risk taken go ahead

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DU18
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November 24, 2020, 06:25:08 PM
 #88

Right now the price of bitcoin, and also some alt coins is in a quite positive trend in the market and some alt coins are even able to push the price up almost 75% in the market, and maybe some people say that now is the right time to enter and buy a number of alt coins but for me Personally, this is quite doubtful because there is a high probability there could be a correlation in the price of bitcoin in the market suddenly and of course the price of alt coin can fall at any time, as happened in recent years.

BIN-BIN
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November 24, 2020, 07:08:41 PM
 #89

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
The reason why the price of bitcoin is skyrocketing is because people are buying into bitcoin, so I will yes it is a good time to buy in because no one can tell what will happen in the next couple of days ahead. I have always known crypto to be a risky investment so at that I will advice any one to take the bull by the horn and join the train as it speed off.
isaac_clarke22
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November 24, 2020, 07:20:39 PM
 #90

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
Uhmm why not? Just buy if you have some savings left that you won't mind losing. The common mindset because probably the only thing holding you from investing is that you might miss the train already but that isn't the problem because you might miss even more if you don't do it exactly right now.
ekeh
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November 24, 2020, 08:40:39 PM
 #91

Bitcoin is a digital assets movement, which requires you're Hard earn currency to get bitcoin, in the name of investment, for a future profit, therefore, it requires when, to invest on bitcoin, currently bitcoin is on bullish point, which is also good to invest.
Slingshot
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November 24, 2020, 08:52:29 PM
 #92

There's no bad time to get in in crypto all you need is research and good entry point. Even as market is booming now, if you enter in a wrong time it will definitely affect you so I lways tell people there's no time just do your normal research and study the coin you want to invest in. It's all that matters.
Sled
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November 24, 2020, 09:40:10 PM
 #93

There's no bad time to get in in crypto all you need is research and good entry point. Even as market is booming now, if you enter in a wrong time it will definitely affect you so I lways tell people there's no time just do your normal research and study the coin you want to invest in. It's all that matters.
Could be right but much better and (probably) the best time to invest in crypto is during the bearish season, not today. We are already in the bullish season and expect a higher risk because it possible that market correction will show up and I don't want to miss such a thing as what 2017 bullish result where many investors had fallen into the trap. We can't ignore this kind of scenario and we know how volatile we are. It is much better to anticipate the situation than to be sorry.
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November 24, 2020, 09:46:26 PM
 #94

We are all expecting to see a new time high of bitcoin and altcoins, investing in bitcoin now is not a waste to me because we will surely have a new all time high soon. Bitcoin still has a lot of room for growth base on predictions, though some believed that bitcoin and altcoins might experience some retrace which to me is not a big deal, you can get in now or decide to see if there will be a retrace for you to get in.

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November 24, 2020, 09:55:10 PM
 #95

I will not take the risk of investing in bitcoin at this time, the chance of getting a loss is bigger if the price drops suddenly. better analyze carefully before investing

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November 24, 2020, 10:15:52 PM
 #96

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
Maybe history dont repeat same situation again, or vice versa so the probability there are always two possible result, either it will go up high or crash again at 20k usd. There is a saying that be fearful when others are greey and be greedy when others are fearful but IMO there is no right time to buy bitcoin if your reason is not to get more profit or cash but to get more bitcoin because you believe that bitcoin is the future money.

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November 24, 2020, 10:44:55 PM
 #97

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
Buying bitcoin or any crypto once it hits an ATH is always a bad idea, those who invested in bitcoin back then in 2017 when it got to $20k are left under the water looks, like we are going to save them any time soon Cheesy, but it's definitely a bad idea to invest when the prices have gone high, cause this is the time when the early investors are looking to take profits, trust me you don't want to get caught in the cross fire, cause if the dumping starts, you will definitely lose alot of money.

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November 24, 2020, 11:13:08 PM
 #98

I don't think ta a good advise to buy now when the prices have gone higher. It will be better to buy after a retracement.
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November 24, 2020, 11:57:16 PM
Last edit: November 25, 2020, 12:08:01 AM by Darktongue
 #99

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
Those investors already know what to do in that situation like me. Before it's getting too much investment in any coins. Highest opportunity of Bitcoin now some top coins later lower altcoins. Cryptocurrency bubbles are always switching from one portion to another portion. For lower altcoins, this is the perfect time to buy altcoins.
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November 25, 2020, 03:43:07 AM
 #100

Personally, it is too late for me to invest any money in the crypto market at its current highly volatile price movements. I usually don't enter the market by this period of the year because at the end of the day the values usually go down at the beginning of the new year. I will rather wait till the first few months of 2021.
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