Is it safe to buy now?

[Awaklara]

Let's take into consideration that you a newbie and don't know what type of coin to buy. You asked this community for advice,first of all what is the name of this community, have you ever heard of any other crpytocurrency since 2009 till date that is still surviving ? Bitcoin is the best and most valuable crptocurrency that can save you from assest depreciation if you can invest for a long term one, other altcoins might not be able to survive in the long run,which will lead to their crashing. You can buy btc anytime,it is not by red or  green signal in the market that should decided your purchase,because sometimes those color doesn't mean anything about the price. Moreover,are you going into trading ? If not then btc can be  bought anytime,bull or bear market

yes, Bitcoin can be purchased at any time. but still, an investor will need analysis to determine their investment planning properly. determine future buy and sell prices. as well as the right time frame. maybe you implement a simpler investment system. buy cheap and sell high. it can be applied if indeed new investors have strong patience. which I guess not all beginners have.
Start with short or medium-term investments. it would be better for a beginner. even though it doesn't have a big advantage, the experience gained will be quite valuable as a start for a bigger step.

[1715285068]

1715285068

[Chainsmokers]

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

the current price of cryptocurrencies according to my analysis is very cheap and very worth it to buy,
moreover some of the altcoins that you can buy cheaply on Binance such as CKB, GALA, and Jasmy are altcoins which are fundamentally very good but are still very cheap,
of course this is a good opportunity to buy it, and don't worry your money will be safe on Binance.

[Fredomago]

Let's take into consideration that you a newbie and don't know what type of coin to buy. You asked this community for advice,first of all what is the name of this community, have you ever heard of any other crpytocurrency since 2009 till date that is still surviving ? Bitcoin is the best and most valuable crptocurrency that can save you from assest depreciation if you can invest for a long term one, other altcoins might not be able to survive in the long run,which will lead to their crashing. You can buy btc anytime,it is not by red or  green signal in the market that should decided your purchase,because sometimes those color doesn't mean anything about the price. Moreover,are you going into trading ? If not then btc can be  bought anytime,bull or bear market

yes, Bitcoin can be purchased at any time. but still, an investor will need analysis to determine their investment planning properly. determine future buy and sell prices. as well as the right time frame. maybe you implement a simpler investment system. buy cheap and sell high. it can be applied if indeed new investors have strong patience. which I guess not all beginners have.
Start with short or medium-term investments. it would be better for a beginner. even though it doesn't have a big advantage, the experience gained will be quite valuable as a start for a bigger step.

It can be apply and it will bring decent benefits if you can patiently wait while holding your assets, it's just so happen that each time the market experienced huge downfall there are many holders that quickly sell and allow to suffer from big losses, like you mentioned, you need to have a good preparation both with your finances and your mental capabilities.

Volatile market can bring a quick pump and dump which you need to learn how to adjust and adopt to have a proper judgement with your decision making.

[BobK71]

I think that safe safe buying is not a way to say it, because the Bitcoin market is known to be very volatile, it would be irresponsible to say that the safest time to buy is now, because the market can go down without realizing it, so comparing it with another Market stage I think it is time to buy, I think that now we must make a sketch of what can happen in a while, around 2024 I already think that it could be above the $70k that was its last ATH, then these things are what must be taken into consideration to invest, in addition to the fact that the money invested in Bitcoin will never be a bad decision.

If you are a long-term investor, then I think this is the perfect time to buy, even if the bitcoin price drops again it's not too scary as long as you hold your bitcoin, you never lose because you also know bitcoin always recovers. But if you are afraid of bitcoin falling deeper but decide not to buy and bitcoin will not decrease but will increase, you will regret it even more because you will buy at a higher price than the current price. Looking at the ATH bitcoin will reach during the next bull season, you can see that the current price is the best.

It's still safe to buy and the opportunity to invest is still open for everyone. The bullish season isn't happening yet and it may still take time. It will only be unsafe to buy during the bull trend.

No expert can give guarantee about Bitcoin. An investor has to invest with risk according to his situation. The current price of Bitcoin has increased slightly. This continuation can be seen in the coming days as any investment can be profitable now but there is a possibility of return from there. If an investor is well aware of the bearish and bullish side of bitcoin or cryptocurrency then he can exploit it and make good out of it. It is still a good time if you intend to invest for the long term. However, caution should be exercised before investing in any market position.

[darewaller]

Bitcoin can be purchased at any time. but still, an investor will need analysis to determine their investment planning properly. determine future buy and sell prices. as well as the right time frame. maybe you implement a simpler investment system. buy cheap and sell high. it can be applied if indeed new investors have strong patience. which I guess not all beginners have.
Start with short or medium-term investments. it would be better for a beginner. even though it doesn't have a big advantage, the experience gained will be quite valuable as a start for a bigger step.

It can be if you decide to go long-term because you can endure any drop in its value. When there's a dump, you won't sell but you will only buy more. For those who are into shorter terms, they will sell early even at the dip so it's advisable for them to buy only when the value of Bitcoin is dumping so that it won't take them a long time to see an increase. Investing doesn't need to be complicated.

The only thing that you need to figure out is if which term will work for you the most. It was trading are the real ones who are complicated but we can also do it if we want more challenge and if we want to possibly increase our income potential.

[Yamifoud]

Investing doesn't need to be complicated.

Absolutely, just enjoy the process - buy low and sell high. It was just an option whether we hold long-term or short-term but what is most important is that we can earn money. In fact, it is an individual strategy for how to make it.

The only thing that you need to figure out is if which term will work for you the most. It was trading are the real ones who are complicated but we can also do it if we want more challenge and if we want to possibly increase our income potential.

Meaning, do the things that we think we fit on it. We can't urge ourselves to do the task that we feel we can't or just only fail but rather choose the option that we know can help us and benefit the results. Perhaps, we are taking a risk and we should have to do something in order to reach the goal.

[kawetsriyanto]

No expert can give guarantee about Bitcoin. An investor has to invest with risk according to his situation.

True. No one can guarantee the Bitcoin price. Even Satoshi may be difficult to predict the Bitcoin price since it is volatile and decentralized. Sure, everyone who invests in Bitcoin must deal with the risks, they must know well about the market trends.

If an investor is well aware of the bearish and bullish side of bitcoin or cryptocurrency then he can exploit it and make good out of it. It is still a good time if you intend to invest for the long term. However, caution should be exercised before investing in any market position.

Knowing about the bearish and bullish is a must for every investor, so they understand when to buy or sell their Bitcoin (entry & exit). It is the basic thing to know, so I'm pretty sure that all the Bitcoin investors are familiar with the term "bearish and bullish". The problem is, not every investor trusts it 100%, those who have weak trust may panic whenever there is a huge drop in Bitcoin price. There are many investors who sold their Bitcoin because of panic, they failed to reach the bullrun season.

[jossiel]

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

[Fredomago]

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

It's better to take your position when you fully understand the situation. Like what you said, your action will witness the outcome. Either you succeed or you failed, more on how you can handle each situation in the market. Many failed due to wrong mindsets that the market for crypto is a good place for quick profits. They are the first line that breakout when a dump takes place.

They added pressures to the selling position and make the market to fall for more, without knowing the business your chance of
Succeeding is lesser. Don't take it as like a gambling platform. Better to invest with your knowledge before taking your call and step
inside the market.

[Questat]

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

Whether it was buying or selling, it was our own decision, nobody have urge us what to do otherwise, it was manipulation.
If someone will sell their Bitcoin at this time, I don't stop them either. Perhaps, it was their decision and as long as they gain profit from that, then it was okay. We also have to understand the market situation and the personality of the investors  because some of them are short-term holders, they will sell if they are satisfied with the price and also buy if they have the chance.

[Inwestour]

Whether it was buying or selling, it was our own decision, nobody have urge us what to do otherwise, it was manipulation.
If someone will sell their Bitcoin at this time, I don't stop them either. Perhaps, it was their decision and as long as they gain profit from that, then it was okay. We also have to understand the market situation and the personality of the investors  because some of them are short-term holders, they will sell if they are satisfied with the price and also buy if they have the chance.

I waited for a while when there was a recent rise, but now I continue to buy again, because the correction that I expected did not follow. I also admit that it can still happen but I decided not to wait and follow my investment plan.

I think it is very stupid to sell now, because the growth has not even begun in full, I do not understand what is the point. Why did you have to wait so long, the whole bear market, in order to eventually sell with a small profit. Perhaps everyone has their own reasons for this, we don't know, but I would not sell now in any case, it's too early.

[Gladitorcomeback]

yes the market is good but no one can determined that in future it will rise or reduce in cost. But I can suggest that Matic can give you profit if you buy it now and also you can invest in Ethereum and bitcoin.

If you are newbies then you should realize that varying amount of money should be invest in various coins and do not use large part of your money because no one knows that what will be the condition of market in next month.

Investment in Bitcoin and ethereum can reduce your losses as all of individuals who choose these coin get enhanced profit. One thing necessary is to know that the value of market changes regularly so be careful and work with active mind.

[Fivestar4everMVP]

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

Judging from the date you made this post, I am guessing you must have bought your coin of choice by now, but just incase you haven't, I think the current market conditions demand we wait a bit, there is a possibility that we could buy in at a cheaper rate than what the prices are currently, and just for the records, anytime you are confused on what to buy, then just trust bitcoin is the only crypto to really trust, there are some really good altcoins out there though, but you need to be sure with yourself that that is actually the coin you want to buy before proceeding to buy them.\
just an advice though.

[jossiel]

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

It's better to take your position when you fully understand the situation. Like what you said, your action will witness the outcome. Either you succeed or you failed, more on how you can handle each situation in the market. Many failed due to wrong mindsets that the market for crypto is a good place for quick profits. They are the first line that breakout when a dump takes place.

They added pressures to the selling position and make the market to fall for more, without knowing the business your chance of
Succeeding is lesser. Don't take it as like a gambling platform. Better to invest with your knowledge before taking your call and step
inside the market.

I agree.

That's one that we need into this market, the basic knowledge is important and that's the newbies should have for before they invest. Not just asking if they should invest now or so.

Because knowing such will make them realize that it's more important to have the understanding towards what they're investing than to rely on someone's thought which varies.

[Lanatsa]

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

Judging from the date you made this post, I am guessing you must have bought your coin of choice by now, but just incase you haven't, I think the current market conditions demand we wait a bit, there is a possibility that we could buy in at a cheaper rate than what the prices are currently, and just for the records, anytime you are confused on what to buy, then just trust bitcoin is the only crypto to really trust, there are some really good altcoins out there though, but you need to be sure with yourself that that is actually the coin you want to buy before proceeding to buy them.\
just an advice though.

Buying decisions would be entirely be depending on us because we do have our own will and decisions which we could really be able to do so.It is really just there are lots of factors and things which could really affect out our decisions along the way because we would really be boggling up whether we would push through or would wait for a little further.Speaking about being safe couldn't really fit out into this
market on which risk is the main thing that you would really be experiencing on point and on the rest of time dealing with this unpredictable and volatile market.
If you do really want and like to get that profit then you should be wise on taking up some decisions specially on buying and selling, it wont be simple as it sounds.

[lixer]

yes the market is good but no one can determined that in future it will rise or reduce in cost. But I can suggest that Matic can give you profit if you buy it now and also you can invest in Ethereum and bitcoin.

If you are newbies then you should realize that varying amount of money should be invest in various coins and do not use large part of your money because no one knows that what will be the condition of market in next month.

Investment in Bitcoin and ethereum can reduce your losses as all of individuals who choose these coin get enhanced profit. One thing necessary is to know that the value of market changes regularly so be careful and work with active mind.

That's true, because they are the top two coins and they rarely ever have any issues, or drama or problems. It means that if you invest into bitcoin or ethereum, or even better yet if you invest into both of them at the same time, then you will make a profit.

I am not saying that it is going to be a problem or anything like that, it is going to be pretty tough but it is going to be a great deal when the time comes. That is why I believe that we should not be really be looking towards anything lower or worse, it would be pretty tough and definitely not something I would suggest if you want a sure thing, lower level altcoins are as far from sure thing as it gets. I would suggest getting bitcoin and ethereum instead.

[yohananaomi]

I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.

Just a kind advice, the risk is mine.

the current price of cryptocurrencies according to my analysis is very cheap and very worth it to buy,
moreover some of the altcoins that you can buy cheaply on Binance such as CKB, GALA, and Jasmy are altcoins which are fundamentally very good but are still very cheap,
of course this is a good opportunity to buy it, and don't worry your money will be safe on Binance.

even though there is an improving movement, in the future it is still difficult to predict, but I totally agree with your opinion, friend, that at this time it is still very appropriate to buy immediately, although it is possible that in the future there will be a decline again, but buying immediately is still good.

Binance is indeed very trustworthy because this is probably the best exchange at the moment, so you can look for altcoins that might be used as investments, of course beforehand don't hesitate to analyze them properly so you don't set them wrong. yes, Binance has been tested so far and I have the same confidence as you that the funds we place on Binance will definitely be safe, but for a long time it is certainly not recommended.

[Questat]

Whether it was buying or selling, it was our own decision, nobody have urge us what to do otherwise, it was manipulation.
If someone will sell their Bitcoin at this time, I don't stop them either. Perhaps, it was their decision and as long as they gain profit from that, then it was okay. We also have to understand the market situation and the personality of the investors  because some of them are short-term holders, they will sell if they are satisfied with the price and also buy if they have the chance.

I waited for a while when there was a recent rise, but now I continue to buy again, because the correction that I expected did not follow. I also admit that it can still happen but I decided not to wait and follow my investment plan.

I think it is very stupid to sell now, because the growth has not even begun in full, I do not understand what is the point. Why did you have to wait so long, the whole bear market, in order to eventually sell with a small profit. Perhaps everyone has their own reasons for this, we don't know, but I would not sell now in any case, it's too early.

The current market situation couldn't influence to a person like you are a long-term investor. You are not aiming to earn a few bucks but rather aiming high, doubling, or tripling your profit. But in the case those investors are selling this time somewhat looking for assurance, they simply take the chance while they are already in profit because I was sure that they will reinvest once the market dump again. But it gonna be also unfortunate if the market will never dump again.
I'd see the positive results of following our plan but this becomes a big challenge for others. That is why we can see that not all are long-term investors, some got it short hold, then sell.

[ScamViruS]

If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.

Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.

Many traders have missed this level thinking that the market will dump from here. But Bitcoin surprised everyone and still going uptrend. Bitcoin has already broken the $24k level once, but Bitcoin is still close to this level. So we can expect Bitcoin to have an interesting run in the coming days. And will prove wrong those who were waiting for Bitcoin to dump the $10k level.

[Fredomago]

Whether it was buying or selling, it was our own decision, nobody have urge us what to do otherwise, it was manipulation.
If someone will sell their Bitcoin at this time, I don't stop them either. Perhaps, it was their decision and as long as they gain profit from that, then it was okay. We also have to understand the market situation and the personality of the investors  because some of them are short-term holders, they will sell if they are satisfied with the price and also buy if they have the chance.

I waited for a while when there was a recent rise, but now I continue to buy again, because the correction that I expected did not follow. I also admit that it can still happen but I decided not to wait and follow my investment plan.

I think it is very stupid to sell now, because the growth has not even begun in full, I do not understand what is the point. Why did you have to wait so long, the whole bear market, in order to eventually sell with a small profit. Perhaps everyone has their own reasons for this, we don't know, but I would not sell now in any case, it's too early.

The current market situation couldn't influence to a person like you are a long-term investor. You are not aiming to earn a few bucks but rather aiming high, doubling, or tripling your profit. But in the case those investors are selling this time somewhat looking for assurance, they simply take the chance while they are already in profit because I was sure that they will reinvest once the market dump again. But it gonna be also unfortunate if the market will never dump again.
I'd see the positive results of following our plan but this becomes a big challenge for others. That is why we can see that not all are long-term investors, some got it short hold, then sell.

A big challenge indeed! You need to be familiar with how the market behaves before taking your decision, like what you said there are investors and traders who are okay with quick profits and will try to reinvest if opportunities knock again for them, while for some holding and aiming for bigger profits are what they are preferred.

The decision making depends on what type of investor you are. It will reflect from how you decide and how you see your options.