Is it good time to invest in bitcoin?

[batang_bitcoin]

Hi, I am new to crypto? I was just following the crypto market for last few days. is this a good time to invest in bitcoin? if yes then short term or long term.

Thanks in advance.

Hello.
Both long term and short term, it's a good time to buy bitcoin now. After going back to $40k a little while, the price dumped again. That's a timely question that you've asked and that's what you need to know. $36,000 is the price that you can see today and that will make you comfortable to buy because it's a lower price than a day or two. But be sure to know what you're investing before doing it.

How can you be sure that the price dump won't continue? Nobody can know this right?

So, for any new person trying to get into the market best makes sure that you do your own research as at the end of the day you're risking your own money.

Be smart and don't jump into every dip possible because you don't know if that really is a dip or not!

That's only an opinion of mine which I think is a good time to buy. But it's still depending on someone including op or someone who just reads what we're saying if they're going to follow. It's quite low already from the recent highs that we've seen and that's why I consider it as a good time to buy but if he thinks that it's not yet the dip, he can do the strategy of buying a little by little during or every dip comes.

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[Gozie51]

Hi, I am new to crypto? I was just following the crypto market for last few days. is this a good time to invest in bitcoin? if yes then short term or long term.

Thanks in advance.

Bitcoin is the best crypto investment any body can get into because it is decentralised in total and it's total supply can't be changed. With that said, it is more profiting to invest on it for a long time. Price is around $38k as it dropped from $64k and you can imagine the difference and if price hit the ATH again this year and how much gains a coin could generate which is 90% to 100% and that is a huge ROI.

[Yamifoud]

Hi, I am new to crypto? I was just following the crypto market for last few days. is this a good time to invest in bitcoin? if yes then short term or long term.

Thanks in advance.

Bitcoin is a good coin to invest among cryptos but to ask if this is a perfect time for buying? Nha, I suggest to observe the market first and don't get rush. Because as we can see that the price is declining, too risky to start in this situation as we are expecting a bear market. But it depends on your call, you can do it anyway may the short-term is to apply.
You could also take a look at ETH and BNB, there are also good and reliable coins for investment. As many said that never put all the eggs in one basket, maybe you can consider buying them as well.

 

[Dr.Osh]

if you are interested in crypto, then bitcoin will be the first recommendation. it's just that, because the price is too high, people sometimes switch to altcoins. however, if you feel that this is a good price for you, then don't hesitate to do so. however, if there is a bull run in the near future, then I think it will start with bitcoin.

[kpierce77]

Buying on the dip is probably the best option in crypto investing. but we also have to look at the current market situation, is it possible to buy it now? I always take the view that crypto profits are always short-term, because of high fluctuations and also a favorable situation to get faster profits, but if you are a hodler type, then you must be able to make sure that the dip this time is really at the lowest point to get the price best buy

[Twinscoin2017]

Buying on the dip is probably the best option in crypto investing. but we also have to look at the current market situation, is it possible to buy it now? I always take the view that crypto profits are always short-term, because of high fluctuations and also a favorable situation to get faster profits, but if you are a hodler type, then you must be able to make sure that the dip this time is really at the lowest point to get the price best buy

I agree on that i believe that if we buy bitcoin on dip then we can earn a big profit if it will bounce back, bitcoin price is now 36k$ I think it will touches 30k$ before it bounce back so i will wait till the price goes down to 30k$ before I'll buy and hold till it reaches the price limit which is 100k$.

[onecall123]

Buying on the dip is probably the best option in crypto investing. but we also have to look at the current market situation, is it possible to buy it now? I always take the view that crypto profits are always short-term, because of high fluctuations and also a favorable situation to get faster profits, but if you are a hodler type, then you must be able to make sure that the dip this time is really at the lowest point to get the price best buy

I agree on that i believe that if we buy bitcoin on dip then we can earn a big profit if it will bounce back, bitcoin price is now 36k$ I think it will touches 30k$ before it bounce back so i will wait till the price goes down to 30k$ before I'll buy and hold till it reaches the price limit which is 100k$.

Bitcoin $30k-$30k is very doable, however plan your entries and exits. Try not to depend on price action. It will recover once positive sentiment arises, there are different motivation behind why this happens it'll begin to go up once more. Furthermore, the vicious cycle continues. No worries, simply hold.

[Pamadar]

Buying on the dip is probably the best option in crypto investing. but we also have to look at the current market situation, is it possible to buy it now? I always take the view that crypto profits are always short-term, because of high fluctuations and also a favorable situation to get faster profits, but if you are a hodler type, then you must be able to make sure that the dip this time is really at the lowest point to get the price best buy

You are unsure if the current market already on it's dip as chances to go more deeper is always possible.

Observe and keep doing your research beforehand, it's always best to analyze and assess if you see opportunities or if your research give you the sign of entering then grab your chance. Your own decision making that comes from good supporting back up assessment gives you better chance of gaining from your investment.

[Marvelman]

Buying on the dip is probably the best option in crypto investing. but we also have to look at the current market situation, is it possible to buy it now? I always take the view that crypto profits are always short-term, because of high fluctuations and also a favorable situation to get faster profits, but if you are a hodler type, then you must be able to make sure that the dip this time is really at the lowest point to get the price best buy

I agree on that i believe that if we buy bitcoin on dip then we can earn a big profit if it will bounce back, bitcoin price is now 36k$ I think it will touches 30k$ before it bounce back so i will wait till the price goes down to 30k$ before I'll buy and hold till it reaches the price limit which is 100k$.

If so, it would be an excellent time to go long right now. The Bitcoin rollercoaster is likely to continue in the next few days and until it finds it's bottom and regains it's all time high.

[chikading2016]

Hi, I am new to crypto? I was just following the crypto market for last few days. is this a good time to invest in bitcoin? if yes then short term or long term.

Thanks in advance.

Yes it is for short term, because bitcoin will rise up soon after the short correction, look at the bitcoin price and today it is at 39k$ ATH and a current price of 36k$ so i think we will earn in short term holding if we do buy and hold this time. I believe that soon bitcoin will pass thr 39k$ and it will going back to 60k$ or above.

[udidrone]

Hi, I am new to crypto? I was just following the crypto market for last few days. is this a good time to invest in bitcoin? if yes then short term or long term.

Thanks in advance.

I think now is not dip yet. If you want to buy maybe 30% from all capital that you want to use. If down again then you still have money to buy again, if bounced and up you can take profit with amount of bitcoin that you already bought. But that is only if you want to buy bitcoin and make investment in it.

[Silberman]

Hi, I am new to crypto? I was just following the crypto market for last few days. is this a good time to invest in bitcoin? if yes then short term or long term.

Thanks in advance.

I will suggest that you wait, we now have a very good price for bitcoin but you are not used to what we are seeing, what I am saying is that you wait until the trend goes back and becomes positive or that you at least wait until the price becomes stable as we have no idea for how long or how low the price is going to go, and while that is not a problem for many of us that have been on this market for long it is probably going to be a problem for someone like you that is just a newbie.