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Author Topic: Is it a good time to get in or not  (Read 2593 times)
deathcode
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November 28, 2020, 02:17:09 PM
 #141

Bitcoin has always the potential to go up high. But I think it's price today is very high. For me this is not the right time to buy some crypto. But there are still some altcoins that are very promising. Try to look for them.
some altcoins are already in good standing at the moment. If they come for investment assets then it will be a difficult consideration to buy in the current market conditions. but if the consideration is for the short term I think the current market can bring profit to the players. day trading or short term investment looks attractive for some assets. LINK, ETH, and BNB look attractive. even some of the new tokens on the market are also seen starting a small pump. very many choices on the market.









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mikelpol
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November 28, 2020, 02:19:47 PM
 #142

I think that this time Bitcoin will rise above $ 20,000, but in order not to be mistaken, it is better to buy in parts. Now you can buy bitcoin on correction at $ 17,000, if it falls even lower, then buy it there. In general, buy on corrections, not on gains.

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November 28, 2020, 10:47:23 PM
 #143

I think that this time Bitcoin will rise above $ 20,000, but in order not to be mistaken, it is better to buy in parts. Now you can buy bitcoin on correction at $ 17,000, if it falls even lower, then buy it there. In general, buy on corrections, not on gains.
There are different kind of investors, those who buy for long term and those who buy for short term selling. OP seems looking at the right timing to get in but he was asking if it's okay to get in even if bitcoin price is skyrocketing, I would say it's not a good idea, the golden rules has to be followed all the time, buying at dip is the most recommended as that would give you more confident holding when you are seeing the price is still above than your purchase price.

Remember that bitcoin is volatile, it will pump and dump, your timing should be when it dump. 

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November 28, 2020, 11:52:23 PM
 #144

It will be a really bad idea to invest right now but lets hope things stabilize, still if you think you can take the risk maybe get into some altcoins they might likely produce result from all the things that are happening so maybe check some good alts

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November 29, 2020, 07:29:03 AM
 #145

It will be a really bad idea to invest right now but lets hope things stabilize, still if you think you can take the risk maybe get into some altcoins they might likely produce result from all the things that are happening so maybe check some good alts
I think it's still okay to buy bitcoin and other cryptocurrencies this time because the current price of bitcoin is $17,754.20, that it's still too far from its ATH price. Altcoins are also not so high today, so it's better to take every opportunity when the price is slightly low to recover all of our losses from the previous bull run, especially those top altcoins in the market.

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Dariusburst
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November 29, 2020, 07:42:33 AM
 #146

I don't always like buying coins when they are mooning, at 17k+ per bitcoin is still too high for me, this is just my own ways of thinking though, I've been around in this space for a very long time and I've learned the hard way, wait for corrections or dumps to buy coins, believe me it's always a high risk move buying coins when they are mooning
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November 29, 2020, 09:03:37 AM
 #147

the current price of cryptocurrencies like Bitcoin has become $ 18,000,
of course this breakout makes investors and traders enter crypto currency, yes Bitcoin,
if you really want to get into the current price, you have to prepare the risk, because the price of Bitcoin is very volatile,

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November 29, 2020, 10:18:02 AM
 #148

It is the right time now to enter in ethereum, just a few hours and it will be the  release of ethereum 2.0. No accurate prediction how will it affect the price of ethereum but I am sure that it will be good and pump ethereum maybe reach another ATH.
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November 29, 2020, 10:22:20 AM
 #149

It is the right time now to enter in ethereum, just a few hours and it will be the  release of ethereum 2.0. No accurate prediction how will it affect the price of ethereum but I am sure that it will be good and pump ethereum maybe reach another ATH.


The Ethereum price is also down right now and you can enter in it now to grab good profits in the future. After the official release of Etheruem 2.0, many more people will stake it and this will increase the ethereum demand. If you ask me the target for ethereum in the short term, i will predict it to be near 1000$.

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November 29, 2020, 10:23:23 AM
 #150

the current price of cryptocurrencies like Bitcoin has become $ 18,000,
of course this breakout makes investors and traders enter crypto currency, yes Bitcoin,
if you really want to get into the current price, you have to prepare the risk, because the price of Bitcoin is very volatile,
Yes, the price of Bitcoin is very volatile, but if we look at the current conditions, of course the opportunity for profit is very large even though there are risks, because Bitcoin bulls have occurred and now is a good correction to be able to buy back for those who have benefited during the bullish times.

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November 29, 2020, 10:31:24 AM
 #151

It depends on your trading strategy if you hodling, day time trader or you keep watch of the market price and wait for the opportunity to buy and sell in every spike, buying bitcoin should be decided buy one self because its your wealth and future at stake, you can take advices but if you have the guts to invest in this risky situation do so with cautious and have a clear mind when trading.
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November 29, 2020, 10:44:07 AM
 #152

If we are planning to invest for the long term it is okay to buy Bitcoin at the current price, because I believe Bitcoin price will
continue to rise. But if the investment for the short term can wait for the Bitcoin price to correct first, so you can buy Bitcoin
at a low price. For example when the Bitcoin price fell a few days ago to a price below $ 17,000 it was a good time to buy Bitcoin.
So when the Bitcoin price goes back up like now, you can take profit.

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November 29, 2020, 10:54:15 AM
 #153

It depends on your trading strategy if you hodling, day time trader or you keep watch of the market price and wait for the opportunity to buy and sell in every spike, buying bitcoin should be decided buy one self because its your wealth and future at stake, you can take advices but if you have the guts to invest in this risky situation do so with cautious and have a clear mind when trading.
I think day trading is not very suitable for people who have no trading experience or basic trading, the large fluctuations make the risk too high for beginners. but for now if you want to invest in bitcoin, I think it's a little too late considering the high price

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November 29, 2020, 11:25:28 AM
 #154

It is the right time now to enter in ethereum, just a few hours and it will be the  release of ethereum 2.0. No accurate prediction how will it affect the price of ethereum but I am sure that it will be good and pump ethereum maybe reach another ATH.
Yes, but everyone should not be complacent about the release of ethereum 2.0, because in every condition there is always a risk that must be understood by everyone, even in good condition, this is something that is sometimes often forgotten when everyone focuses on ATH.

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November 29, 2020, 01:46:57 PM
 #155

Like what people mentioned here, its not early to invest but its not really late. Cryptocurrency has been recognized around the world already, and I can say that the price of Bitcoin has been stable for quite some time. Surely this will increase in a year or two and investing not all but an amount you're good to lose is a great idea.

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November 29, 2020, 02:26:04 PM
 #156

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?
You must believe it is never too late to invest in bitcoin, you must be aware that the risk is always there and makes many people suffer losses and it is definitely taking the risk to get a big profit that will come true if you dare to take the opportunity to invest in bitcoin price exchange always active up and down so fast it certainly depends on you if you want to invest, then the opportunity is still there whenever and if you dare to buy bitcoin then the profit will always be there.


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NewRanger
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November 29, 2020, 02:35:33 PM
 #157

It depends on your trading strategy if you hodling, day time trader or you keep watch of the market price and wait for the opportunity to buy and sell in every spike, buying bitcoin should be decided buy one self because its your wealth and future at stake, you can take advices but if you have the guts to invest in this risky situation do so with cautious and have a clear mind when trading.
I think day trading is not very suitable for people who have no trading experience or basic trading, the large fluctuations make the risk too high for beginners. but for now if you want to invest in bitcoin, I think it's a little too late considering the high price
i am suggest beginer trader to try daily trading so they will know how market will fluctuate,when they experience loss improvement in skill will immediately done and skill will growth faster than we just trade for long term which is  not required special skill  in technical analisys. one again daily or long trading depend on traders type, did he act as conservative or risk taker. the more trader courage to take risk, they will be expert faster than conservative trader.
Tomtomwole
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November 30, 2020, 07:46:35 PM
 #158

Bitcoin investment on a moon trend is good if you are investing 0.5 to 1 btc, otherwise you won't make good project and if dip comes, it will eat dip into your capital. Better still you can buy into other top 10 coins and make good profit with low Investment.
navalkk
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November 30, 2020, 10:23:10 PM
 #159

 It's not too late for anyone looking to invest in Bitcoin as the price of bitcoin will continue to rise in the future.  My proof says so because in the next year the Paypal company will use the services on their site with Bitcoin.  Of course this is great news which will bring bitcoin prices past $ 25,000 by the beginning of next year. 
CryptoLogo
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December 30, 2020, 10:43:54 PM
 #160

It depends on your trading strategy if you hodling, day time trader or you keep watch of the market price and wait for the opportunity to buy and sell in every spike, buying bitcoin should be decided buy one self because its your wealth and future at stake, you can take advices but if you have the guts to invest in this risky situation do so with cautious and have a clear mind when trading.

Bitcoin will continue to beat its records every day, it has come close to $ 30,000, is it worth taking now? I think no.
There is a high probability of a rollback, even if it seems that it will not happen, sooner or later it will happen.

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