Should you buy bitcoin right now?

[Welsh]

it's too late to buy Bitcoin. Its value is increasing day by day.

You are aware it took around a 10% dive recently, right? Bitcoin has these dips quite frequently if you compare it to traditional currencies, which is what makes it an investors dream. If you want to make money, and by your definition you believe Bitcoin will keep increasing every day, then investing in the dips is the best way of making money.

Also, to point out another flaw in your logic. If you believe Bitcoin is increasing everyday, if you invest today, that means tomorrow you will be richer, and the next day you will be richer, so how exactly can it be too late?

[scottsanderman12]

it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.

Good idea to buy right now. For example, Microstrategy buying today BTC and holds appx 92k BTC.

[Welsh]

Bitcoin has took another dive of around 5% since this post has been made. So, I would say that it definitely isn't too late to invest in Bitcoin, and there definitely will be opportunities in the future regardless of the price.

What people usually mean when they make a statement like this is, you're unlikely to get rich anymore at least from a small investment. However, the reason the early birds did profit considerably over their initial investment is because they held for several years, and if you look at Bitcoin historically, if you hold onto it for several years, then it only appreciates in value.

[ARTURVHt]

tldr; Bitcoin is up 160% since January 2020 and up 190% since March 15. The price hit its all-time high of around $19,800 at the end of December 2017. Google searches are 86% lower than at the peak of 2017, yet the price is at a similar level to the price at 2017's peak. This is an indication that bitcoin has matured as an asset.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

[BETTY B]

Coming from a person who doesn't own any Bitcoin yet, I hope to God it goes down so I can scoop as much as I can.

[acener]

I don't think that there is already too late on crypto investment,
We have market correction or dip they could enter within that time if they think that the price is too high already.
We would always experience the dip or market correction if you think it is too high then you could wait for it to enter the market at a lower price.
You just need to wait patiently there would always be a good time to enter.

[kamranki]

1 Bitcoin is currently at $39,300. How far do the experts here think will Bitcoin fall before eventually seeing a steady climb?

[GeorgeJohn]

it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.

IMO, buying of any cryptocurrency depends on the individual time and when the person is financial buoyant to buy, but due to the level of cryptocurrency stability in the market currently because of Elon musk, i think it's best time to purchase Bitcoin and other cryptocurrency, I believe that cryptocurrency will soon increase more especially second week of june 2021

[perfect999]

it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.

If you’re investing in cryptocurrency, as long as you have plans that you’re going to be holding the coins that you’re buying for long term, then it’s definitely going to be profitable. But if it’s not like that, and you have plans for a short term, then you might be disappointed.

A lot of people are always hoping for a short term profit and they tend to get disappointed. And situations like this gets worse when the investors invests money that they are going to be needing within a short time, and around the time they are going to need that money, it might be that the market has crashed. Even if they want to continue with the HODL, they can’t do it because they are in need of that money at the moment. I have seen this happen to people ,and it’s not good.

[Pandji02]

Well, i think it's a good time but it can drop lower. In long term it definitely gonna increase so we're still winning. But bull market over so this is not gonna happen in near time.

[Nunoluck]

It is better to become early bitcoin adopters. Atleast when we know about bitcoin and adopt it earlier then we can understand more about how bitcoin market works so we can avoid mistake in trading. Recently I saw many good things related cryptocurrency. Many companies start to accept cryptocurrency as payment method, it seems that they try to reach cryptocurrency users comunity as pandemic make offline business facing many problem.

[isaac_clarke22]

~

Uhmm look at the price now?
As of writing this, it is now below 35k which is a lot of discount already for fellas looking for something to hodl until the launch happens again.
Still not satisfied with the discount? Many are still selling so feel free to take their sold coins soon.
I wonder how many whales were waiting for it actually.

[andra-ierma]

~

Uhmm look at the price now?
As of writing this, it is now below 35k which is a lot of discount already for fellas looking for something to hodl until the launch happens again.
Still not satisfied with the discount? Many are still selling so feel free to take their sold coins soon.
I wonder how many whales were waiting for it actually.

Dump now. It's time to wait untill low price and buy back. It's good time to adopt Bitcoin to your wallet.

[Sanugarid]

it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.

It's your call when is the best time to buy BTC but if you were looking for that opportunity to happen, then today is probably the best to buy but it might get deeper and no one knows when it will be back to the 50k USD mark. However, if you're into a long term type of investment then there's no need to worry about the current situation since it happen before and BTC bounce back to achieved its new ATH

[Sirait]

Well, i think it's a good time but it can drop lower. In long term it definitely gonna increase so we're still winning. But bull market over so this is not gonna happen in near time.

^ Today's market is very falling, this is a result of the spread of fud so that many panics sell, buying Bitcoin now and long term hold is a great opportunity to rich.

[michellee]

it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.

With the down of bitcoin price, I think you can buy bitcoin now but maybe you can wait for a while because the price seems to be down for more. It is interesting to see what is happening with bitcoin price now because it still goes down to this day. Bitcoin price now gets drops too deep and we do not know how deep bitcoin price will get down. Maybe you can make many buy order at many low prices so you can get many bitcoins. But be careful because the price can get down below $30k.

[swogerino]

It was a fall of more than 20000 USD dollars from a few days to today catastrophic downfall.So probably today and a few moments before when the price was 31000 USD would have been a good time to buy if you are serious about investing and keeping it a long time.If you are one of these newcomers in 2021 who want the fast money then Bitcoin is not for you.Bitcoin is for true hodlers which know that after the storm(downfall of the moment) comes the sun.

[Kelvinid]

it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.

Maybe it is a need for you to take a look first at the market situation and you can find out that we are already declining. If we buy now, we are just taking at high risk as it possible that it drops more.

I think the good idea is to wait until the market had to settle down and seeing the market started to recovers back. We're not going to rush and invest in the market along with the current trend. We have to observe first before we make decisions, this could be the safest thing to do rather than rushing on the market.

[electronicash]

wow this dip is truly harsh. the people who invested using their stimulus package are shaking their heads saying btc isnt saving their lives after all. all along they thought this bullrun is going to keep on rising. i'm not buying this i see price stable.

only few will come back buying by the time they cashout losing half its value. if you have collected considerable amount through this dip, congrats.

[pragna]

it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.

I'm very happy to see that in all corner of the world now talking for BTC and hope with this conversation BTC rate will go high day by day. Here i say only one thing this is market now again going down and don't be panic for this price and wait for opportunity to buy BTC in low rate. Be a lucky man.