Is it a good time to get in or not

[Yamifoud]

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?

If you have been investing right after the OP post, you are already profiting now but doubted if you had made it. Those who are not known to crypto will leave such worries and doubts. Indeed, it was a normal reaction since we can't also deny that many investors are suffering big losses after the 2017 bullish trend. And the fact that they are learning it, every time they saw the market goes high they will also thinking that scenario and that is what you have now. 

If you are on that feeling, I suggest not to take the risk because it possible you will fail only.

[Santri]

of course there is always, if not, there will be no movement on all exchanges To determine now is the right time or not all depends on your analysis and your trading strategy

[kram31]

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?

If this is during November 2020, my answer is yes it was a good time invest. But if you are asking right now December 2020, I think
this is not advisable except for the people who can't afford to buy Bitcoin. That's why at this point of time for the ordinary traders like me
Altcoins is the best for this and besides altcoins bull run also coming now, just wait a little bit more.

[gurunanakji777]

I believe the current bitcoin bull run is different from the past bull run. In the previous BTC bull run, there was too much hype and whales took the benefit, and small traders trapped. The Current Btc bull market is quite genuine as many of the countries make Btc legal for transactions. In my opinion, BTC value will keep increasing in the long-term so if someone is planning to buy BTC for the long-term can do it without any issue.

[FaucetKING]

It's a matter of time, the advantage that these traders took is that no one knows the real movements of the market. People will start screaming at your face when you get in during high prices or ATH's it's just normal, the most important thing that i'm insisting on is that you take full responsibilities toward your trades, if you lose it's your own fault, if you win it's your profits and no body has the right to stop you from doing any trade no matter how risky it does look.

[Eddyc]

There is no right or wrong time to enter the market and this can vary from the amount we want to invest or the payback time and profit margin. So we found this doubt for a long time and however we find Bitcoin up or down we see an entry and exit pattern but it's still relative. Fear is another factor that shows our failure and lack of knowledge.

[oprahwindfury]

individuals know about that, however it's the danger individuals should take now, possibly they get it now or they hang tight for the following plunge that occasionally won't come by any stretch of the imagination, yet I accept the situation is a lot of unexpected today in comparison to the last time unequaled high, financial specialists have distinctive inspiration and they are more strong, they previously demonstrated that Bitcoin won't kick the bucket even on pandemic.

[ahoenk]

$20k is not high, 2017 ATH is $19k and now we only passed ATH. And still in small percentation compare to 2017 growth. If youbhave money to buy bitcoin, now is good time because manybpeople believe that BTC is still way undervalued then now. And another thing is many institutional company put their moneybin to crypto.

[sgenuine]

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$.

I consider Bitcoin and Ethereum to be the most promising cryptocurrencies. They have repeatedly brought me a good profit.In the future, Ethereum will be able to come very close to bitcoin and even possibly overtake it. But it is too early to buy it, as the price is very high.

[virasisog]

We're still in the ATH season so I think it would be risky to enter the market while the prices are still high. It's better to wait when the market crashes and take it as an opportunity to buy and accumulate. Just learn how to apply the basic rule when  it comes to investing which is to buy low and to sell high.

[mezzaluna]

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?

Actually, there are still investors even though Bitcoin's value is at $27K!, which is already a high price to buy them and if you are still worrying on when is the right time to jump in, as long as you have the capital to spend, the decision you create should only fall on you and if your decision is the same as others, the only thing you can do is wait for the profit!!

A lot of users have this fear of missing out and the only thing they can do if they would not jump in is just watch as others take profit.

[Roidz]

We're still in the ATH season so I think it would be risky to enter the market while the prices are still high. It's better to wait when the market crashes and take it as an opportunity to buy and accumulate. Just learn how to apply the basic rule when  it comes to investing which is to buy low and to sell high.

right as you say, because now both bitcoin and some altcoins have succeeded in surpassing their ATH prices in the market, and of course the risk of price correction is very prone to occur and if we enter at a time like this, of course, it will be very risky our money will be stuck on the price which is high when the altcoin price drops again, I think the right time to buy is when the price is experiencing a slight increase and hasn't reached the altcoin price's ATH.

[max6575]

with different preparedness as having of use with customs of ideal science on competence, different trader to manage plan with uses of strategic as fine to secure resource on possession and times to manage as completing limit of return within terms of investment.

[dotcoin.info]

a few hours ago the price of Bitcoin corrected below $ 30k and now it's back above $ 30k, of course if you are aware that correction is an opportunity for us to buy, yes it is predicted that bitcoin will reach $ 100k this year and there are even institutions that predict $ 300k before 2021.

If you are talking about this news, then 300 thousand by the end of the year is complete nonsense.

The price of bitcoin could rise above $146,000 over the long term, according to JPMorgan strategists.

In a note published Monday, strategists led by Nikolaos Panigirtzoglou wrote that bitcoin's competition with gold has already started and that implies a significant upside for bitcoin over the long term.

The strategists said gold exchange-traded funds (ETFs) have seen outflows of more than $7 billion since mid-October, while the Grayscale Bitcoin Trust (GBTC) has witnessed inflows of more than $3 billion. That suggests investors are preferring bitcoin over gold, and this trend will continue, according to the strategists.

"There is little doubt that this competition with gold as an 'alternative' currency will continue over the coming years given that millennials will become over time a more important component of investors' universe and given their preference for 'digital gold' over traditional gold," the strategists said.

Source: https://www.theblockcrypto.com/post/90079/bitcoin-btc-price-target-146000-jpmorgan

[MishaSER]

Based on the January 2018 schedule, starting from January 7, the rate fell lower and lower, as we know history repeats itself and perhaps we will see a decline in a couple of days.

[terrific]

Currently very risky to invest. Bitcoin is currently in many pumps. If it could have been invested 3-4 months ago, that's fine. There are currently many investors in USDT. Many Alt coins at the pump. However, due to the differences in Bitcoin, many differences can be seen in Alt Coin.

The same said when it hits $20k. People saying that it's very risky to invest at that price. $30k is still risky, $40k will be riskier, and so on.
The best decision is to think if you really want to invest and go for the long term. The sky is the limit for bitcoin's price.

[hahay]

If at the time of writing you have already made a purchase then of course it is the right time because even before closing the end of last year I personally decided to keep buying, even when the year has changed I still bought some altcoins and still hold but some have been sold for made a quick profit yesterday before the correction happen. I think even though the price has been high but in reality if you have the skills to predict the target about how high the ATH will be, then buying at a high price might still give you a chance to make a profit. Because the problem here is when you buy at a high price, but you don't have a prediction about how high the ATH will be, because when there is an increase it will always be accompanied by a decrease afterwards and that's what you should be aware of.

[24Kt]

If at the time of writing you have already made a purchase then of course it is the right time because even before closing the end of last year I personally decided to keep buying, even when the year has changed I still bought some altcoins and still hold but some have been sold for made a quick profit yesterday before the correction happen. I think even though the price has been high but in reality if you have the skills to predict the target about how high the ATH will be, then buying at a high price might still give you a chance to make a profit. Because the problem here is when you buy at a high price, but you don't have a prediction about how high the ATH will be, because when there is an increase it will always be accompanied by a decrease afterwards and that's what you should be aware of.

Yes, because when the OP wrote this thread, the btc price was about in the 18500-18600 level. So if in case, he bought btc at the time even if he felt that btc was already expensive, he already made more than 50% profit. That's very nice, right? Not even couple of months, and you already made such good amount of profit. So what we can learn from this, there is no right or wrong time to buy. As long as you are selling your stash higher than how much you bought it, then you are already doing good.

[LogitechMouse]

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?

TBH, its really hard to predict right now into it is the right time to enter the market or not.

Right now, bulls are in control and there is no sign of reversal till now and as of this moment Bitcoin just reached the $35,000 price. I thought that when Bitcoin dropped days ago, that is the start of the reversal already but I'm wrong. If you want to enter now, know your risk appetite because its really hard to predict right now into when will it drop since bulls are in control. One thing is for sure though, the market will go down anytime but I don't know where it will start to drop.

[Cling18]

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?

'

It's not too late for you because if you're knowledgeable enough to face the risks of the market, you will still be able to take it as an opportunity to take profit. If you have the guts to trust the coin that you're investing with, then why don't you invest while you could still afford it? Take the risk if you can so you won't have regrets in the future but you have to be mindful of the amount that you're planning to invest. Invest what you could only afford to lose.