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Author Topic: Is now a good time to be investing in Bitcoin?  (Read 2283 times)
giammangiato
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February 28, 2022, 10:56:08 AM
Merited by babo (1)
 #41

The war presents two scenarios, the first bitcoin could rise quickly in the coming months, in the second it could go down to never recover, if the nuclear war breaks out, the crypto (almost all) will be canceled, mine is a disastrous scenario, unlikely but not impossible, if you are looking for the answer to your question, invest? If you have a chance to risk little, do it ..

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peter0425
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February 28, 2022, 11:01:52 AM
 #42

I've already invested when the price drops to 33k though i thought it will continue to fall as i waited for the below 30k price but missed it. so at least i come to buy  before the pump.

Just Buy  with your own risk and decision because it is your money and will not affect anyone but you.

Combination of the situation in Ukraine and bearish market last 6 month, can be a good timing for investment. in my opinion any entry to the market should be based on a long term plan - otherwise huge risk of loos! And of course this is not an investment advise!
Lol bearish in the last 6 months? where did you get that? we have made another ATH back in November and we are just in February now so? that is far from your belief lol.









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February 28, 2022, 11:02:30 AM
 #43

OK, let's remember the panic in 2020 when bitcoin fell by 3k and then started to rise, which ended at 60k. Now the covid is over, a new wave of horror has started - war. There is a redistribution of capital between the world's governments. Of course there could be another collapse, but I think bitcoin has good potential in the near future.

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February 28, 2022, 11:51:32 AM
 #44

OK, let's remember the panic in 2020 when bitcoin fell by 3k and then started to rise, which ended at 60k. Now the covid is over, a new wave of horror has started - war. There is a redistribution of capital between the world's governments. Of course there could be another collapse, but I think bitcoin has good potential in the near future.

Even though this war caused chaos about the price of bitcoin, bitcoin will never end even though there has been a decline from last month.
If you remember the panic in 2017 it was even scarier, but our estimates are the same, I also feel that bitcoin will increase in price in the next few months.
Moreover, if there is a new government that takes the decision to legally legalize bitcoin in their country, of course this will also be a trigger for bitcoin to rise again.
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February 28, 2022, 11:59:45 AM
 #45

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

Invest what you can afford to lose. You shouldn't rely on hearsay and instead, do in-depth research of your own before making a move. Asking is a great way to gather information, but it is better to have personal digging about crypto yourself so that you'll learn what you have to understand.

Prior to the war between Russia and Ukraine, bitcoin has been exhibiting a low price position already because I believe we are approaching or even already in a bearish market. Entering the bearish market means we would witness gradual or even sudden drops in the price position of a coin in this season. This season is good for those people who are planning to invest and of course, depending on what kind of investor they are. If you are here for the long-term OP, then I believe this season will be your best opportunity to buy the dip of bitcoin and then hold it until it recovers again, and when it hit the price expectation that would satisfy you. You see, smart people take the chances to buy at the bottom and reward themselves the moment it soars. But of course, you should still risk according to your risk appetite.

Bitcoin is here for the long term. The war may cause a little disruption on the price, but sooner or later it will eventually bounce back. Decide wisely, invest wisely.
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February 28, 2022, 12:30:52 PM
 #46

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.
For me, I believe it will, and if I had extra funds I am certainly investing some more in Bitcoin with the price it is now because we have seen much time before how Bitcoin bounces back from even lower prices than this, and I far as I am concern, Bitcoin is the only asset for long-term investment, so just in case this Russia-Ukrian issue drags out.
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February 28, 2022, 12:54:41 PM
 #47

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

It depends upon your goal but if you are planning on HODLing for long-term, it is generally a good time to invest into cryptocurrencies.

Prices of BTCs nowadays are fluctuating even before the Russia-Ukraine war. It has been steady at around $38-40,000 for about 1-2 months now but there are times were it jumps. If you plan on HODLing for long-term, then it is a good time to invest and purchase BTCs, if possible. But, if you plan on going short-term, then you have to prepare a definite plan on when to cash-out to at least maximize your profit in the end.

R


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February 28, 2022, 06:25:41 PM
 #48

I would say yes. Kindly go for it now. The price is decreasing now. It might fall back more. Just plan the future if you are going to hold it for a long term or going to trade on a short term plan. Not only bitcoin, you can go for altcoins as well. We have so many good altcoins with high trading volume on best exchanges. If you have enough income or income more than your commitment, invest every month on bitcoin and pile it up.

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February 28, 2022, 07:12:48 PM
 #49

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

I have seen the Ukrainian government appeal to the people for help through Bitcoin. This government did not want to legalize Bitcoin when they were in power. Today, they are helpless and seek money through Bitcoin. The fragile value of paper money in any country has been revealed through this war. So this is the right time, people should invest in Bitcoin to stay fit in any situation.

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February 28, 2022, 07:35:10 PM
 #50

2022 is being a hard year for bitcoin. Since the beginning the price is pretty low compared to last year, and still going down. There is a clear bearish tendency, as this scenario is happening for some consecutive months already.

Taking this fact in consideration, 2022 looks a great year to start investing in bitcoin. However, profit can take some time to appear (up to few years in worst case).

If the investor can keep his funds untouched for that period of time, he should invest right now without any doubts.

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February 28, 2022, 07:37:57 PM
 #51

One of the beauties of mining crypto is that you are constantly dollar cost averaging.  This is why despite buying crypto being a historically smarter approach, many still engage in mining.  The automated dollar cost averaging goes a long way.  As an investor, you can get the best of both worlds if you choose to dollar cost average your way into the market over time.  So when you ask if it is a good time to buy Bitcoin, I would say the answer is almost always, "yes" depending on your personal investment plan.  If you are able to be patient and dollar cost average your way into the market, you might even find that you enjoy the downturns as you can get more BTC for your buck, while also enjoying the price appreciation on the upside.  That goes far behind lumping everything into crypto at once and then when the price falls you give up and take a loss.

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February 28, 2022, 07:51:55 PM
 #52

Yes, it will soar again because the war between Russian and Ukraine will not stop bitcoin price not to hit $100k soon,for people to start earning something good from their investment. Since other countries has showed good interest to end the war between Russian and Ukraine, so that it will not cause more damages to bothering countries economy.

 There are some signs investors are experiencing from the crypto market right now, that is giving them joy that the good news is about to flow in the community for long term investors to achieve a huge amount of money from their investment.

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February 28, 2022, 09:05:10 PM
 #53

One of the beauties of mining crypto is that you are constantly dollar cost averaging.  This is why despite buying crypto being a historically smarter approach, many still engage in mining.  The automated dollar cost averaging goes a long way.  As an investor, you can get the best of both worlds if you choose to dollar cost average your way into the market over time.  So when you ask if it is a good time to buy Bitcoin, I would say the answer is almost always, "yes" depending on your personal investment plan.  If you are able to be patient and dollar cost average your way into the market, you might even find that you enjoy the downturns as you can get more BTC for your buck, while also enjoying the price appreciation on the upside.  That goes far behind lumping everything into crypto at once and then when the price falls you give up and take a loss.
Indeed, people are looking forward to having a better future upon investing in Bitcoin. They can't lose their hopes actually and even the hardest time in crypto, people will still spend their money buying this as they believe the situation will somehow change to become better.
if we have this mindset, the answer will absolutely be YES. Buying Bitcoin is the best option if we wanted to make a profit here and buying during the dip is the best chance.

the situation right now (russia-ukraine war), may aid in the increase of price of btc in the coming days. if not, for those who are long enough in crypto, they know the capability of btc as an asset. this is not just a new alt trying to make a name in the market but an established old pioneering crypto and had been tested by time about its worth in the market.

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February 28, 2022, 09:24:01 PM
 #54

Every time is good to invest in Bitcoin but what's important and will determine your profit making is your knowledge about crypto investment.

Yes, it will soar again because the war between Russian and Ukraine will not stop bitcoin price not to hit $100k soon,for people to start earning something good from their investment.
I guess you forgetting that tomorrow is not promised and that the market trend is never certain before the Russian and Ukraine conflict start. However, the crypto market ought to have experienced some huge dump in price from the first month of this year and what prevents it from happen is the institutional investors who are bullish on crypto which literally leads to an increase in demand instead of supply.
Having said that, it will be next halving before you can see Bitcoin at the $100K price range.

SSince other countries has showed good interest to end the war between Russian and Ukraine, so that it will not cause more damages to bothering countries economy.
Other not interest in the war won't determine Putin's decision mind you, his citizen protested before he launched the attack on Ukraine.

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February 28, 2022, 11:56:11 PM
 #55

Bitcoin prices are relatively low at present. If you want to invest, you can. If you want to invest short time, you have to buy only when the price is a little lower.Then you can sell it if the price goes up a little.And if you want to invest long time, then you have to buy and keep. The price of Bitcoin will certainly increase substantially.So I would say if you want to invest your longtime you can buy and invest at the present time.
But the question is, how you would consider if the price is on the bottom already? Now on the current or recent movements it is really hard to tell since it do move out sideways plus we do make out some presumption

specially on external events or fundamentals around which might or might not able to affect crypto market which its unavoidable for us to consider if it would really be having that significant influence or not.

Good time will be basically depending on your own set of goals whether you do go for long term or short term ones.
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March 01, 2022, 12:44:03 AM
 #56

Don't wait for the right or "good time" when you think about investing in bitcoin. You see the price now? It's up already by 15%. If you have invested, you already can make profit when you sell it. But don't keep on hoping that the price will keep on rising from now on. The market is volatile and the next hour you might see the price crashing. If you are willing to hold long term, then you can invest in bitcoin anytime without worrying much.

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March 01, 2022, 06:10:22 AM
 #57

I think there is always the best time to invest bitcoin, I prefer to immediately buy and store in a cold wallet because I believe the price of bitcoin will continue to rise, the market cap is very large and almost reaches $ 1 trillion of course makes me not hesitate to invest bitcoin, other things is to invest bitcoin, it only takes a few minutes if we need money in an emergency, while other types of investments such as stocks or property can take longer to convert to cash.

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March 01, 2022, 06:59:16 AM
 #58

This might sound like the most easy question but believe me this probably the most hardest question you can ask someone. Just today bitcoin suddenly jumps double digits and funny thing is I was just thinking bitcoin is kinda predictable and then bitcoin looked at me and said "nope dude"
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March 01, 2022, 07:51:00 AM
 #59

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.
The good time to buy is when the price is declining. So if you buy few days ago then probably you already earn by this time because Bitcoin is now increasing.

Anyway every dip is an opportunity to fill our bags. However if you're planning to hold your Bitcoin for long term then anytime is perfect to accumulate. As long as you're determine to hold until you profit and you're not a weak investors who cant bear seeing the price turning down. Currently the price is still cheap so not too late for people who want to join the ride.


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March 02, 2022, 05:14:18 PM
 #60

We can't get into conclusion on the time period to invest into bitcoin. The recent price crash and the bounce back is the real example for each and every cryptocurrency users. The price fell all of the sudden when Russia got into Ukraine, but the very next day price increased gradually and within two days there is drastic change in the price from $34500 to $44000+

When the price dropped people found this to be an opportunity to invest, but the price fall connected to the war made panic among the users. If someone had bought the dip now profit is confirmed.

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