Is it too early to buy cryptocurrencirs ?

[JoyMarsha]

Bitcoin is in, it is celebrated, it is rehabilitated... The Times, the President and so on. Everybody says that it is not scam, everybody assures that it is a good thing.
All this means that the risk level on Bitcoin as well as altcoins is lower than ever before. And the prices of altcoins are moderate, in fact they have not increased remarkably relative to previous years.... Does it mean that it is right time to buy or that this right time is near ? (I do not suggest to buy BTC with 100 000 USD !)

The only important thing is the risk/reward ratio.

The good thing about bitcoin investment is that you can buy as little as you have; nobody will question you about that or suggest you buy one BTC before you make a profit. The profits you make will depend on the amount you invested when the price of Bitcoin goes above the amount you bought Bitcoin. You can sell off your profits at any time you choose or buy additional Bitcoin for more gains in the future. Many crypto investors prefer buying through DCA means, to hodl for long term

[len01]

Many crypto investors prefer buying through DCA means, to hodl for long term

Only in this way an investor does not have the thought of whether it is too early to buy bitcoin or even too late to buy BTC. With DCA we can have a more comfortable mindset to save regularly and no matter what the current price of bitcoin, they will continue to buy until they reach the specified limit.

[GeorgeJohn]

From my point of views in cryptocurrency investment, for me it's good for someone who wants to venture into cryptocurrency investment to at first understand the difference between altcoins and Bitcoin, probably Bitcoin gives rise to cryptocurrency investment, so I know very well that in cryptocurrency, what we need to understand for the cryptocurrency investment is that, Bitcoin is easily to increase whereas not all altcoins that survive, so if you want to go into altcoins investment, you have to know that it might die off or be out of cryptocurrency market at any time

So, the reason why most people invest in Bitcoin, it's because Bitcoin has a potential more than other coins....so I will advice anyone who's want to go into cryptocurrency investment should go directly to invest on Bitcoin, because it has the potential to resist manipulation, and it can gain back potential when it falls at any point in time.

[Mehmet69]

Yes, of course, even though Bitcoin is a volatile market coin, it will not leave the market. No matter how much we are afraid, Bitcoin can definitely hold its own. But no one can guarantee when other cryptocurrencies or shitcoins are in the market and when they leave the market. However, if someone invests in shitcoins, he may own a lot of money in a very short time. For such a thing, you either have to be a very big trader or you have to be very lucky.

So in my opinion, investing in cryptocurrency is much easier. But maintaining that investment is difficult.

[Miles2006]

Bitcoin is in, it is celebrated, it is rehabilitated... The Times, the President and so on. Everybody says that it is not scam, everybody assures that it is a good thing.
All this means that the risk level on Bitcoin as well as altcoins is lower than ever before. And the prices of altcoins are moderate, in fact they have not increased remarkably relative to previous years.... Does it mean that it is right time to buy or that this right time is near ? (I do not suggest to buy BTC with 100 000 USD !)

The only important thing is the risk/reward ratio.

Considering the risk first before investing makes everything complicated for a newbie investor, why should an early investor bother about the risk except you’re not ready for a long term journey. Bitcoin is a risky investment to be sincere before investing you should make some calculations but, what I’m trying to point out don’t get distracted with the market trend which might lead to your actual loss as an investor, at this point buying bitcoin now is safe. Most people call it a big season yet refusing to buy rather you insist on waiting is all wrong besides wait for the dip or what? I will always advise never go all in of course I can relate with op point like buying using such huge amount as a newbie is not an option rather the dca is always available.

[EFS]

The world is heading in such a direction that no matter what price you buy at, purchasing Bitcoin will be to your advantage. There is no longer a country with a strong economy, no threat of war and no corrupt politicians. Every part of the world faces some kind of risk for different reasons.
In such an environment, the most logical choice for people to protect their money and investments is Bitcoin. I can't say the same for altcoins, as they are highly susceptible to manipulation. Perhaps a small portfolio with a few major altcoins can be created but the primary investment should be in Bitcoin.

[skarais]

The world is heading in such a direction that no matter what price you buy at, purchasing Bitcoin will be to your advantage. There is no longer a country with a strong economy, no threat of war and no corrupt politicians. Every part of the world faces some kind of risk for different reasons.
In such an environment, the most logical choice for people to protect their money and investments is Bitcoin. I can't say the same for altcoins, as they are highly susceptible to manipulation. Perhaps a small portfolio with a few major altcoins can be created but the primary investment should be in Bitcoin.

Over time, people's mindsets will change with the times. At present we may not be able to force everyone to invest in bitcoin with their money, but over time the number of bitcoin investors will increase rapidly. Currently, many influencers are talking about bitcoin as the most profitable future asset, but there are still some who reject it and are even willing to badmouth bitcoin for various reasons. In the future, we might get them investing in bitcoin, but not now.

[philipma1957]

Bitcoin is in, it is celebrated, it is rehabilitated... The Times, the President and so on. Everybody says that it is not scam, everybody assures that it is a good thing.
All this means that the risk level on Bitcoin as well as altcoins is lower than ever before. And the prices of altcoins are moderate, in fact they have not increased remarkably relative to previous years.... Does it mean that it is right time to buy or that this right time is near ? (I do not suggest to buy BTC with 100 000 USD !)

The only important thing is the risk/reward ratio.

So you asked this when btc was over 100k.

So yeah buying on feb 23 is not as good as buying on March 23.

In fact just about every day after the 23rd or 24th of February btc has been under that price

[Renampun]

Yes, of course, even though Bitcoin is a volatile market coin, it will not leave the market. No matter how much we are afraid, Bitcoin can definitely hold its own. But no one can guarantee when other cryptocurrencies or shitcoins are in the market and when they leave the market. However, if someone invests in shitcoins, he may own a lot of money in a very short time. For such a thing, you either have to be a very big trader or you have to be very lucky.

So in my opinion, investing in cryptocurrency is much easier. But maintaining that investment is difficult.

There is a dirty trick that some people have succeeded in doing, which is buying shitcoin and then selling it when there is a profit to buy bitcoin again, however bitcoin is the only asset that is most worthy of being held, the rest in the crypto market are just alternative assets that have the risk of being lost at any time.

It is true what you said that maintaining an investment is not an easy matter, but if you have stable money, good knowledge and full confidence in what you are investing in (we are discussing bitcoin) then there is nothing for you to worry about, you only need to do it consistently.

Many newbie investors are actually still trapped by deception, they think they are investing but in fact they are gambling, this must also be avoided.

[EFS]

Over time, people's mindsets will change with the times. At present we may not be able to force everyone to invest in bitcoin with their money, but over time the number of bitcoin investors will increase rapidly. Currently, many influencers are talking about bitcoin as the most profitable future asset, but there are still some who reject it and are even willing to badmouth bitcoin for various reasons. In the future, we might get them investing in bitcoin, but not now.

We can't and we shouldn't force anyone to do anything. Don't go around telling people to buy Bitcoin. That's a decision they must make for themselves. However, many people who feel hopeless about national and global economic conditions stay away from Bitcoin simply because they don't truly know what it is. Showing them the truth is the greatest favor we can do for them. Right now, people in my country are deeply worried about what to do next. I'm trying to explain to as many people as possible that Bitcoin can be a way out.

[STT]

Its never too late or early to buy, the price is lower after all so how could the buy be worse at a lower price is a fair question to ask.  The real balanced question would involve your selling also, without before its hard to say.   Too many people want to sell early which is where the problem develops, that is a large part of why the price would fall in the first place.  

Speculatively the DXY has been rising recently when ideally you want a trend of its constant decline and the best gain would come after it loses 100 when its 104 now so that scenario is not going to be occurring till summer most likely.

[dunfida]

Its never too late or early to buy, the price is lower after all so how could the buy be worse at a lower price is a fair question to ask.  The real balanced question would involve your selling also, without before its hard to say.   Too many people want to sell early which is where the problem develops, that is a large part of why the price would fall in the first place.  

Speculatively the DXY has been rising recently when ideally you want a trend of its constant decline and the best gain would come after it loses 100 when its 104 now so that scenario is not going to be occurring till summer most likely.

There's no such thing about being late, people do usually be having these kind of regrets at the end when they do have that kind of thinking that they will really be that able to buy up more when the market do make out some dumps on which this isnt really that a bad idea, it is really just that when you do have this kind of mentality then you would really be ending up on missing up opportunities once the market do leave you out. If you are doing some short term approach then it will really be that ideal that you should really know on what you are really that indeed doing rather than on making up some random buys or decisions on which it will be leading up with those non good results. Somehow dealing up with this space is really that not easy because of being unpredictable but once you do have that kind of idea then you will be having that advantage.

Its too early to buy? This kind of mentality will really be having that tons of mistakes that they will really be able to encounter on which this will really be that resulting into those regrets because you've been that always thinking that the current price are already high and thats what makes you hinder on taking up such action or taking up such move in regarding into crypto investment. If you are really that wanting to have that advantage then you should really be that sensible and be wary about these opportunities.

[blomen]

i think from the way the question was asked and what it was trying to say, i think that the purchase will be long term.

i've been holding bitcoin for a while and it's lost some value on average, but i don't really care.

if you look at a 6 or 12 month candlestick chart of bitcoin you will see what i mean. and probably if you hold bitcoin for a few years it will always gain value against the usd in the end.

if you're thinking of putting all your savings into bitcoin, i think you can wait a little bit longer. you can try to buy low. but if you have bitcoin, i don't recommend selling it right now.

[YOSHIE]

The only important thing is the risk/reward ratio.

Crypto currency if examined with risk is risky, but for me if we want to invest, just do it, there is no early if we want to invest or trade in the crypto market.

We understand the current market situation if speculation there is a good opportunity in a certain period of time, if you think about any risk is difficult to do, we are working in the crypto market we must be reckless and the automatic commitment results are also committed.

You have the opportunity to see the price of Bitcoin $ 300k in the future so it's not too early to buy, my speculation is the price of Bitcoin continues to increase until it touches the price that is not approximately.

[Republikcoin.com]

Yes, of course, even though Bitcoin is a volatile market coin, it will not leave the market. No matter how much we are afraid, Bitcoin can definitely hold its own. But no one can guarantee when other cryptocurrencies or shitcoins are in the market and when they leave the market. However, if someone invests in shitcoins, he may own a lot of money in a very short time. For such a thing, you either have to be a very big trader or you have to be very lucky.

So in my opinion, investing in cryptocurrency is much easier. But maintaining that investment is difficult.

Don't misunderstand the investment because investing in shitcoin is actually much riskier because you can also lose your own investment capital if the good moment for shitcoin is over in the market. I do not deny that some people have indeed made a profit from trading in shitcoin, but only a small number of people have experienced something like that. Meanwhile, investors who continue to rely on their investments in Bitcoin will not experience this if their investment itself is not for the short term and I think it will not be difficult enough to maintain investments in Bitcoin more consistently as long as we have a clearer income foundation in this life.

[tygeade]

Don't misunderstand the investment because investing in shitcoin is actually much riskier because you can also lose your own investment capital if the good moment for shitcoin is over in the market. I do not deny that some people have indeed made a profit from trading in shitcoin, but only a small number of people have experienced something like that. Meanwhile, investors who continue to rely on their investments in Bitcoin will not experience this if their investment itself is not for the short term and I think it will not be difficult enough to maintain investments in Bitcoin more consistently as long as we have a clearer income foundation in this life.

There are some shitcoins that look like decent coins for a short burst of times and some people fall for those during that time. No shitcoin shows itself to be a shitcoin at 100% of the time, if people got interested for a while, that means it looked and acted like it is not a shitcoin during that time. Then of course it turns out that it was a shitcoin, and then we end up with a huge loss because we were fooled to think/believe it was a decent coin, but then we realize we were fooled and it was actually a shitcoin.

We can get away with this if we are smart enough, but not many people are ready for it and that is the problem. Falling for a shitcoin is common, and almost every single crypto investor has done it before.

[Proty]

Bitcoin is in, it is celebrated, it is rehabilitated... The Times, the President and so on. Everybody says that it is not scam, everybody assures that it is a good thing.
All this means that the risk level on Bitcoin as well as altcoins is lower than ever before. And the prices of altcoins are moderate, in fact they have not increased remarkably relative to previous years.... Does it mean that it is right time to buy or that this right time is near ? (I do not suggest to buy BTC with 100 000 USD !)

The only important thing is the risk/reward ratio.

The risk levels of cryptocurrency is still high even if everyone is investing in doesn't makes cryptocurrency investment to be risk free, the chances of losing one's money is still there . To me there is no time that isn't right for one to buy bitcoin as long the discretionary income is there and one doesn't need a huge or large amount for to start accumulating cryptocurrency,it is possible to start with relatively low amount using the dca strategy and then front load whenever the additional cashes arises.