Is this the right time to reinvest into Bitcoin?

[Wysi]

I know it's not only mine but story of most of us who didn't invest into bitcoin once it crossed $20k mark assuming it would go through correction phase but it has gained almost 100% more since that time and I am not sure if it's worth risking to invest into bitcoin when it's nearing $40k?

Please share your opinion without any generic response like "there is no good or bad time to invest into bitcoin".

[1715228990]

1715228990

[Ahmedali9542]

80% chance btc going up I hope very soon we see 43,000+

[bL4nkcode]

If you're up to hold on a long-term basis then it's good to say yes, but if you're worried about the highs and the price over time, and with this volatility, like we have seen almost $4k down in just an hour, I'd say no.

Anytime it would surge down likewise up. We have seen a new ATH just an hour ago, everyone is bullish that want to see another ATH. But in every buy there's someone selling on the other side, it just a matter of numbers.

[livingfree]

You have to think very well before investing at these prices. The only complaint we'll hear from most investors that have missed the buying opportunity is that today's price is expensive.

Nevertheless, the price that we're watching right now could possibly not back anymore at $20k. Those who took the risk of buying from $25k-$35k were probably firm with their decision or just did it on a bet for themselves.

And fortunately, they're all good. In that case, buying on $38k and above could have the same transition.

[chaser15]

The question that is a question since then and now a big concern because for average crypto people, it's really doubtful to enter with the current price.

But on the bright side, we are sure that bitcoin won't go down much if ever a correction will happen.

In a time like this, we can't rely on others on what's our next move as we have different views. Try to make a good plan and decide for yourselves.

[Fatunad]

I know it's not only mine but story of most of us who didn't invest into bitcoin once it crossed $20k mark assuming it would go through correction phase but it has gained almost 100% more since that time and I am not sure if it's worth risking to invest into bitcoin when it's nearing $40k?

Please share your opinion without any generic response like "there is no good or bad time to invest into bitcoin".

When it comes into these kind of decisions then theres no doubt that people will really be having those second thoughts in mind on buying when bitcoin hits up its ath.

We had already experienced about big correction and we cant avoid not to think that it might happen again once we do hit up all time high.So investment decisions

will really be needing some sort of risk for you to buy on even if its already on high price.For those who took risk then they are the ones who do make out some
profits at this moment.

[romero121]

Soon I expect the bitcoin market to be highly volatile. If the market turns to such a state, it'll be highly risk involved. The market will be suitable for trading by that occasion, but when we're into reinvesting the fluctuation will surely affect the capital as there is no assurance that market volatility downward will create a forward move. Maybe out of trust we can invest knowing all the risk.

[adzino]

I know it's not only mine but story of most of us who didn't invest into bitcoin once it crossed $20k mark assuming it would go through correction phase but it has gained almost 100% more since that time and I am not sure if it's worth risking to invest into bitcoin when it's nearing $40k?

Please share your opinion without any generic response like "there is no good or bad time to invest into bitcoin".

When the value of bitcoin went over $20,000 USD, you didn't invest because you thought it might crash soon or right away. Now you are regretting. The price is at around $39,000 USD, you think it might crash, so you are hesitating to invest. When it doesn't crash, you will start regretting once again.
No one knows if the price is going to crash or not. It is useless asking people if "YOU" should invest or not because they no nothing about you. You know yourself better. You know your financial condition. Thus, its you who can make the ultimate decision.
If you are willing to hold for long term (like 2/3 years) then go ahead invest. If you are willing to make some quick profit, then I would say no if you can't afford the loss.

[Ultegra134]

I know it's not only mine but story of most of us who didn't invest into bitcoin once it crossed $20k mark assuming it would go through correction phase but it has gained almost 100% more since that time and I am not sure if it's worth risking to invest into bitcoin when it's nearing $40k?

Please share your opinion without any generic response like "there is no good or bad time to invest into bitcoin".

When the value of bitcoin went over $20,000 USD, you didn't invest because you thought it might crash soon or right away. Now you are regretting. The price is at around $39,000 USD, you think it might crash, so you are hesitating to invest. When it doesn't crash, you will start regretting once again.
No one knows if the price is going to crash or not. It is useless asking people if "YOU" should invest or not because they no nothing about you. You know yourself better. You know your financial condition. Thus, its you who can make the ultimate decision.
If you are willing to hold for long term (like 2/3 years) then go ahead invest. If you are willing to make some quick profit, then I would say no if you can't afford the loss.

I think we've all been in the same position with OP. I have myself been in his shoes. There's no point in looking back, I had abandoned my wallets after the crash in from $20k back in 2017, hadn't logged in on my wallet since then. When I did, My balance was tripled ($24.000 then) and I still didn't bother to keep track of how the market was going.

After a day or two it crashed down to $17.000 and my account on Bitstamp was inactive and was locked out.
In result, I didn't manage to buy at the right price. It has happened to all of us.

[mk4]

The lesson: Stop. Trying. To. Time. The. Market. Such a common advice but yet people seem to ignore it.

If you believe bitcoin is a good investment and if you're planning on investing long-term, who cares what your entry point is; just buy! If you think 40k is too expensive for bitcoin even for the long-term, then invest elsewhere. Pretty simple.

[ilhamsugihamin]

I think it depends on you, when you want to buy it now at a high price and hold it for the long term, I think it's okay, but if you buy now at a high price and intend to invest in the short term in my opinion it is very risky.

[Innerpumper]

I think it's very difficult for now, because we ourselves know how bitcoin rose to more than $40k I think it will make us doubt if it happens in this week's correction, you can re-invest when bitcoin starts to cheap, cheaper than you bought before.

[YOSHIE]

Please share your opinion without any generic response like "there is no good or bad time to invest into bitcoin".

Overall no one can confirm the true prediction of the Bitcoin price both now and in the future, time, the market, which determines the changes of all of these.

What I want to say is: you fell asleep when Bitcoin was at the $ 6000 level one year ago, that's when you should think about investing in as much Bitcoin as possible.
However, if you look at the day-to-day movement of Bitcoin, it is also a good thing if you are investing, but not in the long term, perhaps, the weekly is suitable for now the development and movement of Bitcoin.

What is certain is that all the decisions are yours to invest, if you are sure you do, if you are in doubt back off.

[hugeblack]

It is always the worst time to invest when people want to buy more because this means that the price is high and then once the demand decreases, corrections occur.
The best time to buy was when the price was in the range of $ 4000, but the best time now is to sell, sell all possible quantity and then it may become easy for you to get out and make some gains because the price will not collapse anymore.

The chance of making losses from this investment is higher, so avoid it.

[irixo10]

Investing in Bitcoin is very good, but one needs to know what best way to go about it, that is, are you a long term holder or a short term holder, knowing this and deciding on it, will go along way in helping you invest wisely. Looking at the market now, Bitcoin price is very high and since no one can predict the market, anyone who wishes to buy Bitcoin now, must be a long term holder so that in a situations where correction takes place and it's dumps, he won't be bothered. On the other hand, if you are short term holder and also conscious of the market, then I think it would be better you take a break from investing in Bitcoin, so that you won't be discomforted when it dumps beyond your expectations.

[dothebeats]

There's honestly never a 'right time' to invest in bitcoin, as there's always a profit waiting for anyone if they are patient enough. Those who bought @ $15k just a few months ago thought that the price will never move from there, turns out they will get more than double of what they invested in just under 3 months. You will never know if your decision to buy bitcoin is right unless you lock that order and sit on what you have. True that there are occasions in which your investments will turn red on bitcoin, but isn't that the case for most investments as well? The only key is being patient about it and forgetting that you have bitcoins for quite some time and reap the rewards after.

[Lorence.xD]

It depends as cliché as it can be. If your goal is short term, it would not be that profitable and the crash can happen and you will have to wait for months if not years for you to profit. If long term, then it will be for the best that you will jump the train right now that the prices are still low, it also makes you immune to FOMO.

[michellee]

I think you need to wait for a while because the price is back to increase again. And if you want to buy, you need to analyze deeper to find the right time to buy, and I do not think that will be easy as the price increases. But if you can have patience, I think you will see a good time to buy bitcoin, especially if bitcoin price can down for a while. If you want to buy bitcoin with the current price, that will be no problem, but you need to calm down if you see the price is down.

[Chrystora123]

I know it's not only mine but story of most of us who didn't invest into bitcoin once it crossed $20k mark assuming it would go through correction phase but it has gained almost 100% more since that time and I am not sure if it's worth risking to invest into bitcoin when it's nearing $40k?

Please share your opinion without any generic response like "there is no good or bad time to invest into bitcoin".

all back to your own beliefs and conscience because if you follow your logic, you would never think Bitcoin would touch $ 40k (current ATH)..

Bitcoin "will likely hit $ 100,000, then $ 150,000, then $ 200,000," Chamath Palihapitiya, chief executive of Social Capital, said in an interview with CNBC about how much longer the rally could continue. He adds, however, that there is uncertainty over the passage of time when the popular crypto will reach this milestone.

I hope you understand the meaning of this prediction..

[shide2020]

Every body have his way of analyzing things and make decision on his own, the right right time to reinvest into bitcoin it depend in your decision and situation of the market. You can reinvest at any time if the market will favor you after considering some factors. considering some factors is very important before reinvesting.