Is it the right time to invest in cryptocurrencies?

[crzy]

Do you think it makes sense to invest in BNB or another cryptocurrency?

BNB is a good option because the target price for BNB is $1000 and it can happen in the next bull cycle, if you are willing to long BNB then go for it, at least you already have a good coin in your wallet. Other cryptocurrency will depend on your strategy, if you’re a trader then I suggest other altcoins for this but if you do want good coins to hold, then go for the top choice like BTC and ETH, that could be your safe haven for long term.

[Fritwakky]

The sooner we invest in cryptocurrencies, the better. At the moment, Bitcoin and most altcoins are in a downward trend, so there is a risk that prices will continue to go down. However, if you want to invest in the long term, I think this is an excellent time.

[Lmaooo]

I always make Bitcoin and some of the top altcoins my top choice for investment. Because it is proven that investing in Bitcoin and top altcoins is
easier to make a profit. Moreover, if the price of Bitcoin and top altcoins falls, it usually recovers much faster. We should not take the risk of investing
in new coins, because the risk is very high and can make us lose all the capital we have. It is very important to choose the right coins for
investment, choosing the wrong coins will not only make us lose the opportunity to make a profit. However, choosing the wrong coins can make us
suffer losses too. To be more sure our coin selection is good, we can do analysis and research first.

Analysis and research can help us determine which coins can be a good investment, whether it is for the short or long term, because so many coins at the market can tempt us to buy many coins, leading us to buy the wrong coins. Bitcoin will be our main investment, while the altcoins can be our secondary investment so you can expect to have revenue later. Investing in new coins is not advisable as there is no guarantee that the coins can survive like the other existing coins. Besides that, we can skip the new coins to buy although many people can make a big profit because I think they are lucky to get the coins. If you can deal with the risk, you can try to follow them but you should remember that it is hard to select the new coins as the investment.

There are indeed a lot of good coins right now that we can buy, because now the market is still experiencing a decline, so we have a large
selection of coins to buy at low prices. But besides we have to choose which coins are worth buying, we also have to be able to separate which
coins are for the long term and which are coins for the short term. It is very influential for the profit that we will generate in the future.
Regarding new coins, actually, if we believe in the results of the research and analysis that we do, there is nothing wrong with trying  to invest
in new coins. But we must be prepared with a high risk of investing in new coins, and most importantly, if we want to invest in new coins,
we must sell it immediately if we are already profitable. Because it is too late to sell new coins, we will be stuck in these coins for a long time.

Before we select the coin, it is better we calculate the money and not use all of the money to invest in the coins. Although the market is down, we still need to analyze deeper and not just buy the coin because of other people suggestions. In this downtrend, those coins tempted us to buy but we need to be wise to select which coins that we think will increase in the short or long term and do not buy many coins if we can not manage.

Maybe the new coins can be our short term investment so once the price increase so high, we should sell it before it is late. We can buy back the coins when the price is down because sometimes the price can down too deep.

I think it is always the right time to invest in bitcoin because even if the bitcoin price falls from the day you invested in bitcoin if you HODL and wait for a few days the bitcoin price will recover and even make some extra profits on top of your initial investment. Investing in cryptocurrency requires wisdom and the ability to close eyes from the market for a while, if you don't have patience and wisdom to HODL you are likely to lose all your investment in a matter of days.

[michellee]

I think it is always the right time to invest in bitcoin because even if the bitcoin price falls from the day you invested in bitcoin if you HODL and wait for a few days the bitcoin price will recover and even make some extra profits on top of your initial investment. Investing in cryptocurrency requires wisdom and the ability to close eyes from the market for a while, if you don't have patience and wisdom to HODL you are likely to lose all your investment in a matter of days.

If the price is down from the price I bought, I will still hold and try to buy for some amount because no matter how long, the price will be back increased and sometimes, bitcoin gives me surprise by an increase for another high price so that means, my profit will be bigger than before. The key is to manage our patience by holding bitcoin and accumulating more satoshi to prepare for the next increases.

We already saw the bitcoin price movements a few days ago and in a few hours ago, bitcoin can increase to $50,900, which means those who bought bitcoin below $49k make a decent profit. This situation can be like this until the end of the year but that is just speculation to prepare to search for our opportunity to buy low and sell high.

[gamer4156]

In case you really want another speculation then that ought to be bitcoin. So beside BNB, you ought to likewise hold bitcoin and assuming you would rather not, there's additionally Ethereum. Monetarily, however different things likewise have an effect and presently the world is practically recuperating and it very well may be seen that numerous nations are currently beginning to recuperate financially.

[bestcoins1]

The sooner we invest in cryptocurrencies, the better. At the moment, Bitcoin and most altcoins are in a downward trend, so there is a risk that prices will continue to go down. However, if you want to invest in the long term, I think this is an excellent time.

The downtrend in cryptocurrencies is the main thing that anyone who wants to make some investments in good coins should take advantage of, but it would be better to be patient and net some coins at a point lower than the current one as that sort of minimizes the risk more what will happen when the decline continues

[Rehan Zakir]

I think the right time to invest in crypto currencies is gone. Before one year bnb is at 30$, eth is at 200$ , ltc at 30$. Solana at 3$ . And btc at 12000$. Now, all coins prices increased very high. So, the time of investment is gone. But long term target of these coins are very high. So, we can also invest it at this time to get good returns.

[molsewid]

I think the right time to invest in crypto currencies is gone. Before one year bnb is at 30$, eth is at 200$ , ltc at 30$. Solana at 3$ . And btc at 12000$. Now, all coins prices increased very high. So, the time of investment is gone. But long term target of these coins are very high. So, we can also invest it at this time to get good returns.

Well, I believe that the right time to invest in the most trusted crypto is not yet gone, maybe the best time to buy has gone which is the time where the prices are so affordable but the market is so volatile, the price correction takes place anytime. It would be hurt to see like BNB back to $30 because this means it dropped for about nth times as it was now, but there will be a certain amount that I know everyone will already prefer to buy that token at that price. I am not sure if this kind of price of the top token will be like that price again 2 years ago because the market is so volatile however, I used to believe that this token is already established so I think it would not be like it was before.

[whiteblue]

I think the right time to invest in crypto currencies is gone. Before one year bnb is at 30$, eth is at 200$ , ltc at 30$. Solana at 3$ . And btc at 12000$. Now, all coins prices increased very high. So, the time of investment is gone. But long term target of these coins are very high. So, we can also invest it at this time to get good returns.

This means that in general now is still the best time to invest even though the price is much different from previous years and in the long term the opportunity is still very large and open to getting more profits next year.

[jamkesmas]

in 2021 the progress of crypto is very visible where behind the increasing popularity, the trading volume is increasing and almost every coin is experiencing an increase in price.
I think this is the right time and it's not too late to invest in crypto with fast price movements it is possible to take profit at any time and also with the popularity and desire of many people who are down investing in crypto it is possible for the future to be much better and profitable.

[bitjoin]

I think the right time to invest in crypto currencies is gone. Before one year bnb is at 30$, eth is at 200$ , ltc at 30$. Solana at 3$ . And btc at 12000$. Now, all coins prices increased very high. So, the time of investment is gone. But long term target of these coins are very high. So, we can also invest it at this time to get good returns.

This means that in general now is still the best time to invest even though the price is much different from previous years and in the long term the opportunity is still very large and open to getting more profits next year.

Yes, when dumps occur in the market it will be a good time for traders to buy some coins. We have seen green throughout the year in the crypto market. December is the right moment for traders who didn't have time to take part in early 2021. The development of cryptocurrency is quite good, NFT has given a new color in cryptocurrency. For long-term investment it is very suitable to invest in coins such as BNB, ETH and several other top coins.

[bitjoin]

Investing in cryptocurrencies is always interesting and it's never too late, the concept of decentralization allows us to profit even though we buy at a high price, I bought ethereum for $ 4500, of course I will be patient to wait for the price to rise, as long as we can be patient it will certainly profit.

If only if the mindset of traders like you, maybe we will rarely hear panic sell. The cryptocurrency market is very volatile, no specific time can be predicted with accuracy. Traders who are professionals in the crypto market will find it a bearish moment to enter the market. Usually after dumping the market will reverse direction. But when reality does not match expectations, being patient will be the perfect choice to get the desired result.

[wajik-tempe]

Investing in cryptocurrencies is always interesting and it's never too late, the concept of decentralization allows us to profit even though we buy at a high price, I bought ethereum for $ 4500, of course I will be patient to wait for the price to rise, as long as we can be patient it will certainly profit.

We got the same energy for holding ETH no matter how the price is going red right now because we know the market is on bear condition and every coin is going down.
And for any other top altcoins is also right now the best time to invest because it's already on the support price, if the price bounce back in near future there will be a huge quick profits, but planning to hold for a long time is still the best way to invest in crypto

[xmonkeyx]

currently the market trend is in a downward state of course I think this is the right time to invest in crypto even though compared to a few years ago the current market price can be said to be very high but in my opinion with the rapid progress of cryto this year it is very large the possibility to be able to profit by investing in crypto both long-term and short-term investments by taking advantage of the fast-moving crypto market price movements.

[izsara]

I think the right time to invest in crypto currencies is gone. Before one year bnb is at 30$, eth is at 200$ , ltc at 30$. Solana at 3$ . And btc at 12000$. Now, all coins prices increased very high. So, the time of investment is gone. But long term target of these coins are very high. So, we can also invest it at this time to get good returns.

This means that in general now is still the best time to invest even though the price is much different from previous years and in the long term the opportunity is still very large and open to getting more profits next year.

the chances are still very high, especially now that the adoption of crypto, especially bitcoin, has become increasingly common. this can create new turbulence and is actually a follow-up step that will continue to develop over time.
indeed there may be some projects that will not last for a long time but at least a coin with good volatility such as a coin in the top 10 (except for meme coin) will certainly be highly recommended for adoption

[marine4u]

The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

You can always use something special like bitcoin.  I'm not sure if you've tried doing research on the Rsk network or the decentralized derivatives ecosystems linked on Sovryn?  Anytime you are fully aware of the culture and responsibility that must be in investing is welcome.  You can borrow and lend bitcoins or search for launchers launched on it and cycle around bitcoin.  Going early is fine but it's safe to say that your DYOr is a good fit.  When is the best question to ask that you are not really ready to play.

[soureden]

The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

You can always use something special like bitcoin.  I'm not sure if you've tried doing research on the Rsk network or the decentralized derivatives ecosystems linked on Sovryn?  Anytime you are fully aware of the culture and responsibility that must be in investing is welcome.  You can borrow and lend bitcoins or search for launchers launched on it and cycle around bitcoin.  Going early is fine but it's safe to say that your DYOr is a good fit.  When is the best question to ask that you are not really ready to play.

Time management? Actually, the answer to this question is correct! This time management is really an important issue. When to join a cryptocurrency, when to exit. critical management process.

[Shasha80]

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~

There are indeed a lot of good coins right now that we can buy, because now the market is still experiencing a decline, so we have a large
selection of coins to buy at low prices. But besides we have to choose which coins are worth buying, we also have to be able to separate which
coins are for the long term and which are coins for the short term. It is very influential for the profit that we will generate in the future.
Regarding new coins, actually, if we believe in the results of the research and analysis that we do, there is nothing wrong with trying  to invest
in new coins. But we must be prepared with a high risk of investing in new coins, and most importantly, if we want to invest in new coins,
we must sell it immediately if we are already profitable. Because it is too late to sell new coins, we will be stuck in these coins for a long time.

Before we select the coin, it is better we calculate the money and not use all of the money to invest in the coins. Although the market is down, we still need to analyze deeper and not just buy the coin because of other people suggestions. In this downtrend, those coins tempted us to buy but we need to be wise to select which coins that we think will increase in the short or long term and do not buy many coins if we can not manage.

Maybe the new coins can be our short term investment so once the price increase so high, we should sell it before it is late. We can buy back the coins when the price is down because sometimes the price can down too deep.

Of course, it is very important that we manage our finances, don't let us spend all our capital to buy coins. We have to save some of it just in case
the price of the coins we buy falls lower, so we can buy it again. And don't spend our capital on just one coin, it's more risky. I recommend that
we divide our capital in several potential coins. New coins should only be for short-term investments, and after successfully taking profits,
then the price of new coins will falls. In my opinion, don't buy it again, because it doesn't guarantee the new coins the price goes up again.
Unless the new coins are listed on popular exchanges, there is a possibility that the new coins will be pumped again. Because popular exchanges
usually have a lot of active traders.

[michellee]

Of course, it is very important that we manage our finances, don't let us spend all our capital to buy coins. We have to save some of it just in case
the price of the coins we buy falls lower, so we can buy it again. And don't spend our capital on just one coin, it's more risky. I recommend that
we divide our capital in several potential coins. New coins should only be for short-term investments, and after successfully taking profits,
then the price of new coins will falls. In my opinion, don't buy it again, because it doesn't guarantee the new coins the price goes up again.
Unless the new coins are listed on popular exchanges, there is a possibility that the new coins will be pumped again. Because popular exchanges
usually have a lot of active traders.

That will need calculation to define how much money we can use for crypto investment so hopefully, it will not bother our daily needs and we should have saved some amount for the urgent thing. Diversifying our coins will be better than just having one coin but we must be careful to select the coin because we have many coins in the crypto market that can increase anytime. But use bitcoin as your main investment while you can select up to 5-10 coins as your secondary investment in crypto.

If the new coins are listed on popular exchanges, those coins can have a chance to increase higher someday so you can select that as your additional coin investment. But remember, there is no right time to know when the price will increase later.

[bitterguy28]

The economic pains of Covid-19 experienced in 2020 are experienced in many countries. Many countries are going through hard times economically and will. In these periods, salvation will of course be profitable investment planning. When I look at the crypto market for this period, the general comments are in the direction of BNB investment advice.

Do you think it makes sense to invest in BNB or another cryptocurrency?

What else can you suggest in line with the analyzes made on the subject?

I thought this is a general question but it seems  that you are focusing in Binance coin here and not in majority of crypto.

But yeah it is good to invest in Crypto now specially Binance coin in which one of the best and promising currency ever created.

but invest in top 10 currency now and you will gain big in the future(Estimated 1-5 years)