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Author Topic: Should you buy bitcoin right now?  (Read 1117 times)
geegaw
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May 19, 2021, 03:09:59 PM
 #41

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.
We are really facing a very strong storm this year, the last few hours the value has more than halved the highest mark, and investing in such a broken market is always more risky than when there are no stiff resistances in the market. Waiting for a calm down in the market gives more safe areas for us to make money but after referencing the profit, the attractiveness is relatively poor and most investors prefer to choose different lows while the market is falling to gain more profit, price averaging is an efficient and balanced method for the moment

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May 19, 2021, 03:41:06 PM
 #42

Bitcoin has broken the MA200 support and it needs to break through before closing the daily candle because otherwise, Bitcoin will continue to decline.
Right now Bitcoin is at $37k which is not very good but it is a buy-and-hold level because I know the market has a bounce. We should only enter Spot trading and stay away from instruments like Margin, Future or options.
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May 19, 2021, 03:42:34 PM
 #43

There is nothing in life that is too late for the living, anything late is for the dead and as far as you are still alive it is not too late to venture into bitcoin and as you know the recent dump in price is even an added advantage for you to get it now before we experienced another surge in price.

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May 19, 2021, 11:07:02 PM
 #44

We shouldn't be too late to buy bitcoins. bitcoin is a coin that always offers buying opportunities and always has the potential to make a profit. There will be those who approach bitcoin negatively due to the current downturns, but we will strive to get the best profit from bitcoin as we are aware of these decreases and the importance of bitcoin. Thinking the bitcoin price, this offers us the opportunity to buy we have to evaluate this.

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May 19, 2021, 11:10:51 PM
 #45

It is too late according to what or whom? Because there is no upper limit for Bitcoin price to be able to reach the most. The door is completely open. So we can't know such thing that it is too late for buying Bitcoin.

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May 19, 2021, 11:18:15 PM
 #46

It is difficult to predict the price for bitcoin. It is very difficult for us to know the highest and lowest price. That's why bitcoin, full of opportunities, always offers us the opportunity to buy. I don't think there is such a thing as the best time to buy for bitcoin. it's different for everyone. everyone's investment method and investment amount is different. The important thing is to buy bitcoin and take advantage of the rise of bitcoin. A coin that should always be evaluated.
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May 20, 2021, 12:23:40 AM
 #47

The one thing to keep in mind about Bitcoin is that there is only a limited amount of it, unlike some other coins. Because of that, I don't think it's ever a bad time to buy BTC. Will you make money in the short term? not always..But if you're thinking long term then I think anytime is a good time to buy. Prices have been dropping today and right now actually seems like a great time to buy in my opinion..
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May 20, 2021, 12:23:56 AM
 #48

Now that the prices are really low, I think that this is going to be a no brainer that it is the right time to buy bitcoin and you might regret not buying now because the prices will only go up as time goes on and the market goes up again.

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May 20, 2021, 01:30:36 AM
 #49

OP:Dr. although always or any day is a good time to buy bitcoin, right now it is in discount, or maybe it is only in the expected range for correction, so it may only last minutes or stay here for a few weeks in "loading" mode

so, Should you buy bitcoin right now? Yes, although, it is a bad practice to wait for these types of offers, in any case a good practice is to buy or sell bitcoin at any time.

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May 20, 2021, 07:25:01 AM
 #50

The one thing to keep in mind about Bitcoin is that there is only a limited amount of it, unlike some other coins. Because of that, I don't think it's ever a bad time to buy BTC. Will you make money in the short term? not always..But if you're thinking long term then I think anytime is a good time to buy. Prices have been dropping today and right now actually seems like a great time to buy in my opinion..
This time still a good time to buy bitcoin, even if the price can down for more and if we can hold the bitcoin for such a long time, we can have a chance to make a big profit. We did a few years ago when we bought bitcoin at the lowest price and held it until this year. We saw the price can increase so high and hit $64k this year, so that can give us a big profit. This cycle will repeat again in the future, so if you can use the time to buy bitcoin at a low price, you will get the benefits in the future.

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May 20, 2021, 08:15:27 AM
 #51

With 9 years of experience in cryptocurrency sector, I would advise everyone to purchase BTC at current levels. Because with each phase of correction, more and more coins end up in the hands of whales and institutions. Mostly it is the noobs and the other inexperienced users who sell their coins at this phase. I would rather keep the coins for another 2-3 months, so that the prices may recover. Given the pattern we had so far, the next spike may occur whenever a big corporation announces its intent to accept BTC.
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May 20, 2021, 08:19:43 AM
 #52

I don't think it's late to buy bitcoin it's depend how you handle the situation if you think the price is very high you can do a short term and most of the traders and investors do that. But for me I believe the bitcoin value will increase more so I will hold my bitcoin for more years. But I will not say that is sure , it is only base on what I think and what I've research but still no assurance what will be the future of the bitcoin. I'm not against tom the people who said don't buy bitcoin because maybe that is they research so they said that but in the end the final decision is depends on our own.
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May 20, 2021, 08:44:04 AM
 #53

at this night btc show really bad marks, at about 4 am with GMT +3 , i noticed that trend
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May 20, 2021, 02:29:12 PM
 #54

Hello everybody. Bitcoin is worth buying all the time, in my opinion it is the most viable strategy at the moment. Personally, I buy once a week with free money, regardless of the price. I sell my portfolio periodically, but now I have started a new cycle, and I will not be scared if the price of bitcoin falls below $ 20,000, with this strategy sooner or later, I will still make a profit.
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May 20, 2021, 02:39:09 PM
 #55

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 agree that it was best to buy BTC a few years ago, or even as soon as it appeared, but who would have thought then that the price of Bitcoin would get such a success. But no matter how the price of BTC is there and now it can show even greater growth, and then it turns out that you can invest in BTC even now, the main thing is to adhere to the basic rules of investing. I believe that now the price of BTC has not yet reached its maximum and most likely the main growth of BTC will be at the end of this year.
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May 20, 2021, 02:45:56 PM
 #56

It's never too late to purchase Bitcoin. But don't purchase it expecting to get rich fast. For this there are so many Dog shitcoins available.

See it as an investment in your future, for your kids and your nephews. This is how BTC should be seen, as an investment for the future.

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May 20, 2021, 02:52:41 PM
 #57

Bitcoin is worth buying all the time

People should buy Bitcoin only if they are ready for a long term holding. If they are weak for panic or lightheaded, they will sell as soon as their investment looses 20-30% of value. Or, if they know how to trade and earn on falling market.

I doubt that those who has bought bitcoin when its price was +60k, buy more now. They have probably get disappointed in crypto and sold, or cry right now. As this topic was created during major drop - I would definitely suggest to buy. But buying every time at every price I think is wrong.

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May 20, 2021, 03:09:29 PM
 #58

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 not too late but if you will not buy today which is the market is in a red stage or in a very bad condition then probably it is the right time to buy bitcoin which is in a dip price or value. The thing is that this will be the final dip of the bitcoin and the market or it is just the initial dip of it? If you think that it is already a dip then probably this is the perfect time for you to buy it and don't be late on this part. Just like what everybody says it is better late than never.



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May 20, 2021, 08:11:47 PM
 #59

Yesterday was probably the best opportunity to buy any coins, including BTC.
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May 20, 2021, 08:18:17 PM
 #60

Yesterday was probably the best opportunity to buy any coins, including BTC.
Yes, the market has recovered a bit and many altcoins has did also the same but still not that late. It's only a sign that bitcoin will always be the king. Bitcoin has recovered, the others did followed the recovery of bitcoin.
Buying bitcoin regardless of its value as of now is a good thing if you are planning for a long term, as of its current value, you have to buy more now let us grab the dip because bitcoin will not last for too long for this decline.
It's still considered a good price despite the market has recovered a little.

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