Is it safe to buy now?

[Coyster]

If you're prolly considering purchasing a (pump and dump) altcoin for example, then you can consider how high the price of the coin is before you buy it, it could dump immediately you make a purchase and prolly wouldn't rise again, that's how pump and dump coins work, I believe those are the coins that you actually have to make sure you buy when their prices are pretty low and never when it is high. But having said that, if Bitcoin is the coin in question, and you're prolly not one "get rich quick" investor, then you can buy whenever you decide to and hodl, you could also just find a strategy at building up your stash gradually, as long as you've done your research into the history of the network, then you'd understand that in the long run, you'll profit.

[coinism]

The logic for investment is buying low and selling high and currently Bitcoin has a new ATHs is it safe to encourage new investor to buy now seeing how high the price has gone? My fear for new investors is that the don't experience a dip after buying since no one is sure of how far the new highs will reach.

If you are new investor then my sincere advice is to stay away from current bullish market rather study the market and build your knowledge. It's not recommended to buy a coin when it's at its ATH. This is the time when wise investors sell their coins while people at mistake buy the coins. "Buy when everyone fears to buy and sell when everyone greedy to buy - Warren buffet" 

[Huppercase]

Kindly look out for projects with low market cap and help yourself by doing some reading and research, they will worth you thousands in the future even if the market collapse.
You don't have to invest heavily, diversify them in proportion to how potential they are likely to be in the future. Also make sure to invest in what you can afford to loose, this is crypto and its very volatile in nature.

[Buntel168]

The logic for investment is buying low and selling high and currently Bitcoin has a new ATHs is it safe to encourage new investor to buy now seeing how high the price has gone? My fear for new investors is that the don't experience a dip after buying since no one is sure of how far the new highs will reach.

it is too late for buying some Bitcoin or another coin, too much ATH and for me it's not safe.
For new investors must do analysis before investment

[maydna]

Kindly look out for projects with low market cap and help yourself by doing some reading and research, they will worth you thousands in the future even if the market collapse.
You don't have to invest heavily, diversify them in proportion to how potential they are likely to be in the future. Also make sure to invest in what you can afford to loose, this is crypto and its very volatile in nature.

The low market cap can look promising but there is no guarantee that the project to reach a better position in the future. The best thing you can do is research one by one and make a list to investigate furthermore.

This time is still good to buy but always be careful because the market now is at the bear market that can lead to the down of the price for more.

[ReiMomo]

To me it's safe and better to buy Bitcoin when the price is down and sell when the price is low. The reasons why I buy when the price is down is that i can afford to buy Bitcoin according to my financial status. I sell when the price is high because I know I might have gotten profits from the amount of Bitcoin I bought when the price was down .

There is always a saying like, B,auy when the coin is at dip and sell when it is high. If you are comfort enough to wait and buy the coin you are looking for, then yes wait for its dip and buy but if you feel that the coin has almost reached its bottom.

However, I would say, go ahead and buy the coin you are looking for. If you are looking for Bitcoin then yes you can invest your money on at any moment without hesitation.

[bL4nkcode]

I would say, go ahead and buy the coin you are looking for. If you are looking for Bitcoin then yes you can invest your money on at any moment without hesitation.

This is only recommended if you're going to hold at least few months or a year considering bitcoin price is at 64k, though it reaches 68k just days ago, but who knows it will reach again sooner. Coz once bitcoin dumps which is likely to happen, you will end up losing once you panic and sold off your holdings. But if we reach another ATH in few days or weeks then you win.

I only recommend is buy, hodl, wait and get profit.

[Falconer]

This time is still good to buy but always be careful because the market now is at the bear market that can lead to the down of the price for more.

We are still in a bullish phase even though you saw the correction in the last 24 hours. There is a growing belief from the public that the end of 2021 will be the peak of bitcoin's price hike where opinion about the current bear market may not be relevant to most people. As you said, please make a purchase if they have considered the risk because no one dares to guarantee the future price of bitcoin. This bitcoin price is built on the trust of its community where increasing demand make it even more expensive.

Two thing can be done to bitcoin if they want to invest now, buy it for a long term investment or buy it for currency immediately after purchase. This will make the investor or adopter reduce the risk of frustration if the price dump.

[Issa56]

For me if am buying and holding a coin for a long term I always buy at the particular price I don't really care about the dip because nobody knows when the dip will come and you might be expecting dip and the coin will continue pumping. If you are a day trader or mid term trader o believe you will definitely need to do your fundamental analysis before entering the market but me since am a long term trader I don't really care about the dump.

[maydna]

This time is still good to buy but always be careful because the market now is at the bear market that can lead to the down of the price for more.

We are still in a bullish phase even though you saw the correction in the last 24 hours. There is a growing belief from the public that the end of 2021 will be the peak of bitcoin's price hike where opinion about the current bear market may not be relevant to most people. As you said, please make a purchase if they have considered the risk because no one dares to guarantee the future price of bitcoin. This bitcoin price is built on the trust of its community where increasing demand make it even more expensive.

Two thing can be done to bitcoin if they want to invest now, buy it for a long term investment or buy it for currency immediately after purchase. This will make the investor or adopter reduce the risk of frustration if the price dump.

I suggest they buy bitcoin for a long-term investment if the price is not increasing so high or surpassing $80k. If the price can jump from $64k to $70k, then they can sell their bitcoin and wait for another correction that will come after that. This correction reached a low price and hopefully, that is the lowest price for now and the price will increase or jump to $70k because we see the price is back to the green area.

Hopefully, the investor knows how to manage the risk to prevent the losses that can come to them. But bitcoin is good for a long-term investment so they should not worry about that.

[GeorgeJohn]

The logic for investment is buying low and selling high and currently Bitcoin has a new ATHs is it safe to encourage new investor to buy now seeing how high the price has gone? My fear for new investors is that the don't experience a dip after buying since no one is sure of how far the new highs will reach.

i do said it time without number, because many people don't get the concept of buying cryptocurrency during the time of investment, in actual sense everyone is expected to buy when the price is at low rate and sell when it increases, but buying a coin during time is accelerated is depends the time frame the coin is going be with you before selling, any investor should have target point to sell. From my views i believe that provided that the investment will take long time before selling it, you don't have to reason the price difference because the more you hold the more the price will appreciate or getting accelerated.

[Falconer]

I suggest they buy bitcoin for a long-term investment if the price is not increasing so high or surpassing $80k. If the price can jump from $64k to $70k, then they can sell their bitcoin and wait for another correction that will come after that. This correction reached a low price and hopefully, that is the lowest price for now and the price will increase or jump to $70k because we see the price is back to the green area.

Hopefully, the investor knows how to manage the risk to prevent the losses that can come to them. But bitcoin is good for a long-term investment so they should not worry about that.

Without ignoring the potential for a large dump or correction, anyone looking to buy for long-term investment purposes should have a mindset that can make them very comfortable with their bitcoin. It is clear to be a fact that correction are still going on all the time and investors should stick with their investment regardless of what issues happen to bitcoin like fud or any other negative news.

Investing is easy when we have faith in a certain asset, bitcoin for example. But what is difficult is maintaining consistency and defend the ultimate goal of the asset we have invested in when price and market trend change quickly.

[kawetsriyanto]

The logic for investment is buying low and selling high and currently Bitcoin has a new ATHs is it safe to encourage new investor to buy now seeing how high the price has gone? My fear for new investors is that the don't experience a dip after buying since no one is sure of how far the new highs will reach.

There are some conditions:
- We don't know how dip or how high exactly Bitcoin will be in the next hours or days or weeks or months etc
- Investment will always require risks, at whatever rate you are entering, it will always require risks.
For Bitcoin itself, just decide the target of sell that you want to do, for day trading, short or long term.
- Never invest if you are still doubtful and afraid of the risks.
- Think about the risks and profits to gain in probabilities.

[Trojane]

 I Still keep advising anyone, anytime is safe to buy any coin because you don't know and can never tell the increment; if its going to be positively or the otherwise.
  When bitcoin reduced to 17k dollars, did anyone know that was gonna happen? No!
So someone might still refuse to buy at that point anf believe that it's not going up any longer, but surprised that btc still rose back and its still going ....
It isn't always certain op that why to my own discretion,i said anytime is safe , who knows

[galambo]

The logic for investment is buying low and selling high and currently Bitcoin has a new ATHs is it safe to encourage new investor to buy now seeing how high the price has gone? My fear for new investors is that the don't experience a dip after buying since no one is sure of how far the new highs will reach.

Buying anything whether it's crypto, stock, commodity or any other thing at its ATH is not recommended not only for newbies but also for experienced user. At ATH, the experienced users sell there coins while newbiea made mistakes of buying it. If you are new comer then not to invest right now, if you have some knowledge then invest only 20 to 30 percent of your capital.

[Shamm]

The logic for investment is buying low and selling high and currently Bitcoin has a new ATHs is it safe to encourage new investor to buy now seeing how high the price has gone? My fear for new investors is that the don't experience a dip after buying since no one is sure of how far the new highs will reach.

I think this is the right logic and guide for new in terms of investment when the price goes down then the right time has come to buy and Hodl it until the price is up.

[GeorgeJohn]

The logic for investment is buying low and selling high and currently Bitcoin has a new ATHs is it safe to encourage new investor to buy now seeing how high the price has gone? My fear for new investors is that the don't experience a dip after buying since no one is sure of how far the new highs will reach.

I think this is the right logic and guide for new in terms of investment when the price goes down then the right time has come to buy and Hodl it until the price is up.

you can be waiting for the price to depreciates before you could buy a coin "it's good option in other way round" but think of the process whereby the coin you are waiting to come down a little bit before buying keep on going up or accelerating, i only suggestion goes this way, provided that you are an investor that will keep your coin for long time, you have to purchase any point in time, because irrespective of the amount you purchase right now if it's allow to stay for long time, probably you will make a profit.

[aoluain]

The logic for investment is buying low and selling high

This is mainly the logic behind trading not investing. When you trade, specifically in short term, you are looking for dips to buy in and to sell in a very short time afterwards.
However, when you make an investment you look at the long term potential of the asset and whether it has reached that potential yet or not.

And unfortunately too many newbies do the opposite, buy high and sell low.

I had a funny thought when I saw the thread title, Is it safe to buy now?
not if you are planning to buy off someone down a dark alley some night!

With a long term outlook, the right time to buy is NOW

If newbies have a trading view they will almost certainly fail.

[Stalker22]

I had a funny thought when I saw the thread title, Is it safe to buy now?

I have a funny thought whenever I see questions like this. How will the OP feel when he gets back to this in 2 or 3 years?

It probably won't be much different from how we all feel when we read similar questions from 2017 or 2018. 

[Anguwa]

In my little knowledge and experience I have, I think buying bitcoin at any time is safe, because bitcoin has a great future in cryptocurrency, and many companies are willing to accept bitcoin as a mode exchange. The trust people have on bitcoin will always encourage people to buy bitcoin because bitcoin will surly pump.