Pokerbits (OP)
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April 20, 2021, 09:29:30 PM |
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Hi I was just wondering if it was too late to invest into Bitcoin atm? Or should i invest into a different crypto. Been through a few threads some say it is some say it isnt. Please help Thanks.
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sandqueen
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April 20, 2021, 09:49:12 PM |
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i would wait for the hype to die down before investing into bitcoin, give it a week or so itll go down to a decent price
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Bitcoin_Arena
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฿itcoin for all, All for ฿itcoin.
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April 20, 2021, 09:57:43 PM |
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What do you mean by investing in? Day trading or buying and holding for the future (2026 perhaps)?
The bull run may not be over but be very careful of the mistakes people make due to FOMO (Fear Of Missing Out), you may buy the asset at it's peak price only for the price of the asset to start dropping drastically for months or even years.
If you want to buy Bitcoin, what you should ask yourself is, if you bought Bitcoin today, and the price dropped back to 8K shortly are you willing to wait until the next bull run(probably after 4 years) Can you afford to lose the money you are planning to use to buy bitcoin?
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Hamphser
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April 20, 2021, 10:02:22 PM |
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Hi I was just wondering if it was too late to invest into Bitcoin atm? Or should i invest into a different crypto. Been through a few threads some say it is some say it isnt. Please help Thanks.
Depends on what are your goals.. If you do tend to make out short term profits then dealing with the current movement in bitcoin price can give you the chance or opportunity because it had been moving around the levels of 53k-56k and if you are really a fan of playing with volatility then this time isnt a bad one. When you do tend to hold for long term then buy right away.Current prices shouldnt really be a hindrance for you to stop yourself on doing such positioning on the market. There's no such thing about being late if you are really going for long term.
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tabas
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April 20, 2021, 10:29:51 PM |
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Do you think that bitcoin will reach more than $62k? if so, invest which means that you're long term in bitcoin. Or should i invest into a different crypto. Been through a few threads some say it is some say it isnt. Please help Thanks.
This is the style of many new investors, they find bitcoin expensive so they create an alternative through looking for cheaper altcoins. Maybe many of them got profit but it's still the best to keep your asset in bitcoin.
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Pokerbits (OP)
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April 20, 2021, 10:37:46 PM |
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What do you mean by investing in? Day trading or buying and holding for the future (2026 perhaps)?
The bull run may not be over but be very careful of the mistakes people make due to FOMO (Fear Of Missing Out), you may buy the asset at it's peak price only for the price of the asset to start dropping drastically for months or even years.
If you want to buy Bitcoin, what you should ask yourself is, if you bought Bitcoin today, and the price dropped back to 8K shortly are you willing to wait until the next bull run(probably after 4 years) Can you afford to lose the money you are planning to use to buy bitcoin?
Probably buy and hold. Not trying to do day trading, just hoping to wake up one day a millionaire overnight kinda thing. Shooting for the stars but why not.
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tsaroz
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April 20, 2021, 10:39:51 PM |
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If institutional investors and businesses are buying bitcoin at over 50K, I don't think we must stress much for filling our coin pockets with some bitcoins. They must have seen something in bitcoin that's driving them in even in such price. Bitcoin market is a new one and there's not enough data to predict the price direction with it's history. But it has always been on an increasing trend and for the last depression post 2017, the price hike was quick and small lived while bitcoin has been trading for months above 55K now. There are some trends that denies the possibility of a sudden crash.
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peterpanda
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April 20, 2021, 10:59:34 PM |
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Hi I was just wondering if it was too late to invest into Bitcoin atm? Or should i invest into a different crypto. Been through a few threads some say it is some say it isnt. Please help Thanks.
You can invest on bitcoin any time and it is one of the best investment. Every time is suitable if you want to invest on bitcoin because it is growing so quickly. Just don't lose hope and stay connected with bitcoin. Don't hesitate to invest on bitcoin and may be this is your best chance.
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Sihab76
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April 20, 2021, 11:13:01 PM |
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At present no cryptocurrency is a trivial matter. Every virtual currency is coming up at this point and moving upwards. Bitcoin as well as other coins are on the rise. So I would say you can invest in Bitcoin as well as other coins by analyzing the market.
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Rabi3
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April 20, 2021, 11:25:23 PM |
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i would wait for the hype to die down before investing into bitcoin, give it a week or so itll go down to a decent price
i don't think a weak would be enough for the price to go down, also he won't make a lot of profit (depends on the amount he wants to invest with and the goal that he wants to reach, but in my opinion, i think BNB is the best option right now.
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Smartvirus
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April 20, 2021, 11:34:19 PM |
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Investing in bitcoin 8s no bad idea and personally, i don't think there is ever a too late on investments so long as, your sure to make some profit and in this case, your obviously sure to make some profit. At the moment, the crypto market across all coins is experiencing some bearish move and as such, your most likely to buy at a low from any point and make some profit when the bullish move comes.
With bitcoin being the top and referenced coin, investing in bitcoin is probably the best choice in picking a coin to invest in. Where the problem comes is with the charge or fee as it becomes increasing difficult to transact with bitcoin due to the value attached that has brought in a lot of investors. Other than this, its all good.
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Twentyonepaylots
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April 20, 2021, 11:37:22 PM |
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It's never too late to invest in bitcoin, although the price may seem disheartening for some people because of how high it is right now. Just imagine your gains when it reaches 100k, 150k, or even a million dollars. Just invest, don't listen to the FUDders because at the end of the day it's your money we're talking about and not theirs. Bitcoin shows so much potential that you just can't overlook it.
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TravelMug
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April 20, 2021, 11:38:46 PM |
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Hi I was just wondering if it was too late to invest into Bitcoin atm? Or should i invest into a different crypto. Been through a few threads some say it is some say it isnt. Please help Thanks.
That's what others have been asking in December when the price hits $20k. But after four months the price goes to $60k, So I would say that it's not that late to really in invest on btc, you just have to bear the consequences of seeing lots of ups and downs but eventually it will settle on a new all time high. So it's really up to you, how much money you are willing to risk and what goals you have (majority will advise that you go long term).
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oktana
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April 20, 2021, 11:49:57 PM |
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I'm sure someone asked this question when bitcoin was at $30k. To me, it is quite affordable right now, cause I see a future where 0.001 BTC will be affordable for only millionaires. But don't take this as a financial advice.
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kawetsriyanto
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April 20, 2021, 11:59:31 PM |
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I was just wondering if it was too late to invest into Bitcoin atm?
Bitcoin ATM? You don't need BTC ATM to invest in Bitcoin. Buying on exchanges and trade your Bitcoin there, is more effective than buying through BTC ATM. I don't say that BTC ATM is useless, but considering the fees, it is more expensive via BTC ATM. Also, I think it will be simpler if you directly go to exchanges to buy and trade Bitcoin. No, you are not late. You can start to invest or trade in Bitcoin at any time. But make sure you must have sufficient knowledge about Bitcoin and crypto as a whole firstly. Don't start investing or trading before you learn about it well.
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totaleclipseofthebank
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April 21, 2021, 12:26:55 AM |
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$52k is a good price zone for newcomers like you. The bloothbath only happened yesterday and bitcoin has recuperated after a few hours.
It is never too late to invest in bitcoin but you need to find a decent price to buy. Right now, if you decide to spend your money on bitcoin, I recommend you to invest 50% of your balance. The remaining is to buy more bitcoin when it is lower than $40000 or when the hype is over. Bitcoin can't go up forever. There will be time when bitcoin is in the midst of a big chaos
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xSkylarx
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April 21, 2021, 01:26:28 AM |
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I was just wondering if it was too late to invest into Bitcoin atm?
Bitcoin is always a good investment for long term and now that its price did a correction few days ago and ranging now at $55k-$56k I can say that it is good to buy some now. Or should i invest into a different crypto.
But if you are looking for a bigger profit and want to accumulate more bitcoin in the future then investing in other cryptocurrencies like BNB, ADA, or XMR is better. Their price is not that high yet so a 20% gain can be easily achieved. This is what I do to have more bitcoin without buying it. Just make sure to invest in those altcoins that have a real project and use case. Investing in some unknown altcoins that have no roadmap or background of the team can be risky for long term.
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FlyingDream
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April 21, 2021, 02:33:53 AM |
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Don't buy Bitcoin or any cryptocurrency. Buy something useful and use that useful thing. Sell the results and proceeds of that useful thing on whichever market is most favorable to you at the time of sale.
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sumant
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April 21, 2021, 02:53:59 AM |
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coin with limited supplies will always grow in price like bitcoin but investment should be happen when market crashes or at lower point. There are too many cryptocurrency launching on daily basis so we can't predict the future of any coin. Bitcoin has been a largest gainer in this arena so we are not late to invest in this but on a global level market we should always be ready for higher gains or losses. If bitcoin is going to accept by the world as a currency or payment method price will definitely going to blast.
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AniviaBtc
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First 100% Liquid Stablecoin Backed by Gold
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April 21, 2021, 02:59:16 AM |
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There are a a lot of cryptocurrencies there that you can choose just research and study about it.
In crypto market, there are many opportunities that you can grab and make this investment profitable for you, not only bitcoin.
If you didn't make bitcoin bullish run profitable this time then you should wait for the next time where it will increase its price and make another ATH.
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