How reasonable is it to invest in Bitcoin in the current situation?

[Masabdoel9]

It may be their different choice to buy or wait for the Bitcoin price to experience a very bad decline. some people will also regret not making a decision last year by keeping Bitcoins. you can see the current price of Bitcoin which is very surprising. maybe next year will surprise others with the latest prices.

I'm actually like that too, bro. The beginning of knowing bitcoin through the price of dump continues. Even in view. The fact is that it continues to rise every day. Even if you take the momentum it may be good. Although the parent of altcoins but still bitcoin is more special. What would you like if bitcoin was getting rarer?

[1714772047]

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[1714772047]

1714772047

[KaliLinux]

At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

Personally, I believe anytime you invest in Bitcoin is a good time, and as you have noticed, the price for Bitcoin corrected recently and is more like in a consolidation mode for a couple of days though we are beginning to see and uptrend again, so you see someone that thought that they wanted to wait a bit probably would have missed out on getting in and might buy at a bit higher price and your intention for investment matters too, long term or short term.

[dimox]

people attract to something interesting, popular, and faster than other. what they see just good think, they dont know how to do if the situation is slow or steady like this. for experienced, they know because they have it before, they take the opportunity at the first, so they just wait until it price bigger. newbie, feel worried because they dont have any information about this situation. im not sure, but the bigger price taken by experienced.

[matchi2011]

people attract to something interesting, popular, and faster than other. what they see just good think, they dont know how to do if the situation is slow or steady like this. for experienced, they know because they have it before, they take the opportunity at the first, so they just wait until it price bigger. newbie, feel worried because they dont have any information about this situation. im not sure, but the bigger price taken by experienced.

By experienced, they are more aware on how to anticipate the market will proceed, not exactly they now the market
run but they are more positive and willing to hold, it's not an easy task but doable if you have the right attitude towards
this investment, the more you understand the market the better you expect the outcome.

[molsewid]

Very reasonable especially if your plan is to hold it for long term.  however, if you are investing for short term, then I suggest that you wait until the market will dip or correct as usually, that's the right opportunity to buy so you'll earn a short term profit. There are situations now that bitcoin would just dump then recover in the next few days, just like the current situation, it dump at $55k and now we are going to $60k again.

For me there's only one thing why it is still reasonable to invest in bitcoin because I do have a firm believe that bitcoin will be one of the useful currency in the near future since there already many people who used to deal with it. Either you are planning to invest in a long or short term investment it's all depend how do you really know bitcoin or the crypto, the market is so volatile and the correction that takes place recently or should I say currently is just a natural and this time is a perfect time to buy bitcoin.

[freedomgo]

Very reasonable especially if your plan is to hold it for long term.  however, if you are investing for short term, then I suggest that you wait until the market will dip or correct as usually, that's the right opportunity to buy so you'll earn a short term profit. There are situations now that bitcoin would just dump then recover in the next few days, just like the current situation, it dump at $55k and now we are going to $60k again.

For me there's only one thing why it is still reasonable to invest in bitcoin because I do have a firm believe that bitcoin will be one of the useful currency in the near future since there already many people who used to deal with it. Either you are planning to invest in a long or short term investment it's all depend how do you really know bitcoin or the crypto, the market is so volatile and the correction that takes place recently or should I say currently is just a natural and this time is a perfect time to buy bitcoin.

It's more reasonable to buy bitcoin right now with its current price at $54,328 so grab the chance while its cheaper today.  Although we really don't know if it will drop more or not, as long as its bitcoin, then we have nothing to worry about. Bitcoin will always follow an upward position so no matter if it experiences series of dumps, it will always bound to recover again and reach its new ATH.

However, for altcoins, choose those coins who have high potentials to build momentum again like ethereum and BNB so we will not be wasting our money because they only end up as shitcoins.

[ropyu1978]

maybe we are confused at this time considering the price of bitcoin which is still not stable.of course, to take a step in world investment, it must be considered first considering the cheap buying price of course we will also sell at a low price too, different from the previous few years where the price of bitcoin soared so high and of course the selling price would also be like that, but for beginners this is the right time to invest but it takes a long time to get better results in the crypto world in the future

[qwertyup23]

At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

Currently, the price of BTC dropped significantly starting from $60,000 to only $54,000. As someone who HODLs my BTC for long-term gains (around 5-10 years), it is definitely a reasonable time for me to invest and purchase more in order to maximize my earnings. Since we all know that the price of BTC increases every time there is a fork, it is no-brainer for me to invest and purchase more.

Though this depends on your goal on your investments, generally I would definitely recommend to invest more for long-term gains.

[CryptoBuds]

Very reasonable especially if your plan is to hold it for long term.  however, if you are investing for short term, then I suggest that you wait until the market will dip or correct as usually, that's the right opportunity to buy so you'll earn a short term profit. There are situations now that bitcoin would just dump then recover in the next few days, just like the current situation, it dump at $55k and now we are going to $60k again.

For me there's only one thing why it is still reasonable to invest in bitcoin because I do have a firm believe that bitcoin will be one of the useful currency in the near future since there already many people who used to deal with it. Either you are planning to invest in a long or short term investment it's all depend how do you really know bitcoin or the crypto, the market is so volatile and the correction that takes place recently or should I say currently is just a natural and this time is a perfect time to buy bitcoin.

^ Who doesn't save some money from his own income and deposit it in the bank every month? Everyone deposits money in the bank but if the same money was invested in Bitcoin it would be safer and more profitable. The profit that can be earned at the end of the year by buying some bitcoins every month is several times more than any conventional bank, often it can double your initial investment. So it is wise to buy Bitcoin every month without wasting time finding the exact moment to invest in Bitcoin.

[Hypnosis00]

snipped~

For me there's only one thing why it is still reasonable to invest in bitcoin because I do have a firm believe that bitcoin will be one of the useful currency in the near future since there already many people who used to deal with it. Either you are planning to invest in a long or short term investment it's all depend how do you really know bitcoin or the crypto, the market is so volatile and the correction that takes place recently or should I say currently is just a natural and this time is a perfect time to buy bitcoin.

^ Who doesn't save some money from his own income and deposit it in the bank every month? Everyone deposits money in the bank but if the same money was invested in Bitcoin it would be safer and more profitable. The profit that can be earned at the end of the year by buying some bitcoins every month is several times more than any conventional bank, often it can double your initial investment. So it is wise to buy Bitcoin every month without wasting time finding the exact moment to invest in Bitcoin.

And now is the perfect time to get into bitcoin and start investing in it. The price is almost reaching $50k so if we think it deeply, it has dumped well from its previous price of $67k to $68k. So no need to wait for long as we might be missing another opportunity again once bitcoin will start to recover. Before it will happen, at least we have done our part already and will have the chance to start holding bitcoin for long term. And when bitcoin recovers, then we can expect huge profits in the long run because that's what bitcoin is all about, higher price means bigger profits.

As a matter of fact, we don't know when and patients are the key. By taking this buying opportunity while the price is in correction is a way to make more profit later as expected that recoveries will come next to this. We shouldn't have to ignore this nor wait for the pump before making a step or else, we got lost the chance. A lot of people did this and it happens always, I don't know what they are thinking now or they had change it already (hopefully) and to find it very reasonable to invest in Bitcoin.

[bounceback]

Looking at the chart of this week's price movement, bitcoin has decreased from the $60k level and is currently at the $54k - 55k level based on CMC data and where many technical analysts say that the bitcoin support price is currently at the $54k level, so if the current price declines it can't get past the support point so now is a good time to buy bitcoin as it has the potential for bitcoin to bounce back to the $60k level.

[pantek talacuik]

It may be their different choice to buy or wait for the Bitcoin price to experience a very bad decline. some people will also regret not making a decision last year by keeping Bitcoins. you can see the current price of Bitcoin which is very surprising. maybe next year will surprise others with the latest prices.

I'm actually like that too, bro. The beginning of knowing bitcoin through the price of dump continues. Even in view. The fact is that it continues to rise every day. Even if you take the momentum it may be good. Although the parent of altcoins but still bitcoin is more special. What would you like if bitcoin was getting rarer?

Before that happens I will try to buy a large amount of Bitcoin and try to invest all my money in Bitcoin later. maybe I can sell my house to invest it. the rarer the Bitcoin, the higher the price that will appear every year. you have to think about the good impacts that will arise and arrange strategies to avoid big losses.

[Dhaniii]

It may be their different choice to buy or wait for the Bitcoin price to experience a very bad decline. some people will also regret not making a decision last year by keeping Bitcoins. you can see the current price of Bitcoin which is very surprising. maybe next year will surprise others with the latest prices.

I'm actually like that too, bro. The beginning of knowing bitcoin through the price of dump continues. Even in view. The fact is that it continues to rise every day. Even if you take the momentum it may be good. Although the parent of altcoins but still bitcoin is more special. What would you like if bitcoin was getting rarer?

Before that happens I will try to buy a large amount of Bitcoin and try to invest all my money in Bitcoin later. maybe I can sell my house to invest it. the rarer the Bitcoin, the higher the price that will appear every year. you have to think about the good impacts that will arise and arrange strategies to avoid big losses.

in many markets we can see that the bitcoin market is currently experiencing bearish and is very good for those who invest at this time. Don't wait for the market to go up before investing, it seems like the time of opportunity is very high. as has been analyzed by observers, if bitcoin will penetrate ATH only later this year or more precisely the end of December this year.

[rizqoAD]

I think now is a good time to buy Bitcoin, a price below $60,000 is a fair price to start investing. As in previous years at the end of the year, I don't think the price of Bitcoin will experience a significant increase but at the beginning of the year I predict there will be a significant increase. No need to worry about the current price because fluctuations like this happen often and all I can do is focus on holding on, yes holding on is the best way to keep my investment profitable when the Bitcoin price drops.

[zaesvlas]

I think now is a good time to buy. According to the forecast, growth is possible. So, now might be a very good moment.

[Wildwest]

If we want to invest in bitcoin at this time of course it makes a lot of sense because the current price still has the opportunity to move to a higher value, then investing now is the right choice for investors who have enough capital because we cannot predict correctly what will happen in the future, it could be for next year the value of crypto can reach a new ATH and this will not be impossible.

[Vannie12]

I have been here for quite some time already. 'been regretful that I didn't hodl my assets and just kept my self updated regarding the trends since I have a full time work. It's not a short time investment. It took years before it shoot up for its value today. Way back 2017, it's a lot cheaper you know. Imagine how lucky those who kept their assets until now.

Yeah, and unlucky for those who sell it at that time, and I am one of those people, I started way back in 2016 when you could really afford 1 bitcoin, but what I do is earn and spend with no investments and no holding at all, which is why I regret it if ever I hold it, because if ever I hold it, then I think I am wealthy right now. But, even so, I was grateful because it could have helped me a lot at the time because it allowed me to taste all of my favorite foods whenever I wanted because we were poor.

Definitely, younger and in doubt, I didn't realize how much it will gain its value. I do have regrets but I have spent most of it for a great cause. I was in school when I started here, it helped a lot. I have not lost faith even though I was not able to give some time to this and other ways such as trade was hard for me to settle with. I just kept myself updated while focusing on my career and thus I have greater faith for crypto now. It's never late to see what up ahead.

[taufik123]

Definitely, younger and in doubt, I didn't realize how much it will gain its value. I do have regrets but I have spent most of it for a great cause. I was in school when I started here, it helped a lot. I have not lost faith even though I was not able to give some time to this and other ways such as trade was hard for me to settle with. I just kept myself updated while focusing on my career and thus I have greater faith for crypto now. It's never late to see what up ahead.

Indeed, it will never be too late as long as you still want to learn and focus on what you are aiming for. Cryptocurrency can be learned easily if you really intend to dive into it. Trading is the basic thing you need to know, because everything will be related to trading. No need for regrets, learn from now and understand the science of trading. Cryptocurrency becomes a profitable type of investment depending on how you use it.