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Topic: Bitcoin investment - page 7. (Read 1124 times)

hero member
Activity: 2842
Merit: 625
August 02, 2021, 10:58:17 PM
#26
If I were you, I would not have set such fast deadlines.

It is likely that we are now entering a bear market at full speed, which means that the 100k raid could take a year or two.

There is no doubt that Bitkion will take 100k.
There's also the advantage of thinking about investing if there's such a sign or you think that the market is going through a bear market.

We're not also sure that this might be a trap and that's very likely because we saw that happen before so, someone who's asking if it's okay to invest in bitcoin.

It should be decided that whether the market sudden go into a bear, he has anticipated this.
full member
Activity: 896
Merit: 108
August 02, 2021, 07:14:25 PM
#25
I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?
anything can happen, the crypto world is full of surprises. I'm sure you are very ready and happy if at the end of the year the price of BTC reaches 100k$, but are you ready to risk if that price is not reached this year? are you ready for the worst possible dump price to be under 30k$? are you ready to hold on longer?
if you have prepared a strategy for the worst-case scenario then I think you just need to be patient and pray, if not then you should think and reconsider before involving a lot of money because it is just speculation, or this will only be your gamble.
legendary
Activity: 1484
Merit: 1355
August 02, 2021, 06:22:25 PM
#24

Time to buy or hold or what ?

It's never too late to invest in Bitcoin.

The currency has lost 20 percent of its value in the last few months, but it is still up more than 200 percent in a year. It's a new kind of financial asset, a store of value outside the control of governments or banks. As long as you know that you can handle the volatility, you can make money off of it if you buy low and sell high.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
August 02, 2021, 06:10:32 PM
#23
I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?

If I were you, I would not have set such fast deadlines.

It is likely that we are now entering a bear market at full speed, which means that the 100k raid could take a year or two.

There is no doubt that Bitkion will take 100k.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
August 02, 2021, 06:09:52 PM
#22

Time to buy or hold or what ?

Bitcoin is still at the stage you can buy for longtime. It is just starting to increase last week after Amazon made a statement they later went back but the fact is, it is just starting to increase and we can see huge pump anytime soon when the last quarter approach. There are rush and activities going around that time with bitcoin because of festivity of end of year.
Huge pump? Well I doubt it maybe we can see a gradual increase and not the same as bull run hype season but I will agree that this is a good time to buy since we might see more changes as bitcoin still came from huge dump after all. But make sure for those who newly come and plan to buy bitcoin that they are prepared emotionally since for sure we will see a series of dumps which provably test our patience thats why we need not to panic on this situation since we do then we will be a loser for that scenario.
hero member
Activity: 2492
Merit: 547
Rollbit
August 02, 2021, 06:04:27 PM
#21
I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?

Well, I think you're in a good path. Current Btc price might be high, but it's not really considered as high If you compare It to the latest ATH. Btc is currently down almost 50% from the ATH. So, I guess you're fine as long as you're not selling anything until you reach your target.
$100,000 this year might not happen, but it will for sure in the next coming years.
Presently, Btc has just cooled down after it reached $42,000 and now is currently trading at $39,000. I suggest to wait a little further before buying, Btc might drop below $37,000.
But If you're comfortable buying at the current price range, then you're still good.
sr. member
Activity: 2310
Merit: 332
August 02, 2021, 05:51:00 PM
#20

Time to buy or hold or what ?

Bitcoin is still at the stage you can buy for longtime. It is just starting to increase last week after Amazon made a statement they later went back but the fact is, it is just starting to increase and we can see huge pump anytime soon when the last quarter approach. There are rush and activities going around that time with bitcoin because of festivity of end of year.
full member
Activity: 2128
Merit: 180
August 02, 2021, 05:41:31 PM
#19
I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?
That’s good to know that you are willing to take the risk and play long despite that you enter on a higher price, you can still make profit out of that by just holding. Though there’s a higher chance to lose as well but don’t panic, just wait for the next bull run and you’ll be good.
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
August 02, 2021, 05:07:31 PM
#18
I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?
Look at the charts first and see how it has been since the beginning. You will see that in the long term, you are still making profit. If you hoping to make quick short term profit, then its going to be risky for you. If you wish to hold a year or two, then the risk is little less over here. Just remember, if you can afford to lose, then don't wait. Just invest. One thing though, if you are going to invest because you think the price is going to reach $100k by the end of the month, then don't.
member
Activity: 756
Merit: 17
August 02, 2021, 03:24:56 PM
#17
It's always time to buy I believe. We are never late or early to do so. Because we don't know what will happen in the market in the near future. Bitcoin price can continue to rise or start going down again. We don't even know if we are in the bull market now. There has been a really good increase in the price so far. And I hope that it continues because I also have some investments into Bitcoin.  Grin
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
August 02, 2021, 01:23:50 PM
#16
I know maybe it could happen about hitting the $100k bitcoin price and the speculation is still haunting whether this is really happening this year or is it still taking a long time?
Actually there are many reasons why some people speculate about this but you have to make the conclusion that bitcoin will continue to be a good growth in the future and that strongly believes in over time.

I think it's not about expensive purchases, every time you place a buy, there must be a risk that occurs between going down and up, just hold on to one and don't be influenced by the market when it falters and it can make you weak to sell, so the advice to reach a high target is something very different.
legendary
Activity: 2562
Merit: 1441
August 02, 2021, 12:31:29 PM
#15
I wouldn't expect a significant bitcoin price hike until past the next rewards halving in 2024.

Approximately every 4 years bitcoin sees a massive bull market trailing its reward halving event. Followed by a bust cycle. This has been the basic trend thus far. Its not something that is necessarily etched in stone but it has been the blueprint thus far.

The sad truth is, some NFT markets have gained significantly more percentage points in value than bitcoin have. There are a few NFT markets where I've seen between 200% and 400% average increase in price across the board over the last 3 months or so. There is still a lot of money being made in crypto. But I don't think anyone expects a big rise in coins, unless something serious happens relating to inflation or fiat markets.
legendary
Activity: 2366
Merit: 1206
August 02, 2021, 12:23:17 PM
#14
I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?
I like your courage towards investing in Bitcoin no matter what is the current price and I hope it will the same when you're holding your crypto asset.
BUT (there's a big but) the question is, the fund that you invested is the amount that you can afford and willing to wait without a certain time frame?  Because Bitcoin didn't have a promise to us regarding the profit since the price is unpredictable, there's no way to have an accurate result of guessing, it could be in the downtrend or bullish trend in the date that you expected to pump.

If you have a plan to hold for the long run is quite better, there could be multiple times of profit probably after 4-5 years when there's another Bitcoin halving come that commonly Bitcoin price will go up.  However, regarding the last question, you can buy and hold and it depends on you which you prefer.

Anyway, this thread must be on the speculation board.
sr. member
Activity: 854
Merit: 251
Betking.io - Best Bitcoin Casino
August 02, 2021, 11:29:49 AM
#13
Speculation is a very natural thing when you are here because it is only a prediction that will happen but of course that speculation must be accompanied by research and observations made so that the speculation that is said can be properly accounted for.
if you just say bitcoin will go up without research, everything can even be a child, but without research, everything will be meaningless.
bitcoin will go up and what we need is patience regardless of when and to what extent only time answer it
sr. member
Activity: 2366
Merit: 448
Play Bitcoin PVP Prediction Game
August 02, 2021, 11:22:18 AM
#12
If you believe that the end of the year will reach $100 that's okay, and even if your predictions are wrong and don't match your expectations, you can hold it until the bitcoin price reaches the desired target.
and most importantly you buy when the bitcoin price is still cheap and sell when the price rises above the initial you bought and is in a favorable condition, but it would be nice if you made a long-term investment without a time limit it would be much more profitable and without a target set according to what was said many people.
bitcoin is not easy to predict but if you are sure just do it and even if it doesn't match your expectations you can hold it because the expectations we want sometimes happen unexpectedly and only time can answer and be patient.
full member
Activity: 1316
Merit: 133
★Bitvest.io★ Play Plinko or Invest!
August 02, 2021, 10:58:31 AM
#11
Let me ask you this first, what happens if it doesn't reach more than 100k USD?  Will you sell your bitcoins to get back and break even on your initial capital? If you have a clear answer to the first question then in my opinion you are already ready to buy those bitcoins and hodl. Although you still have to remember that only risk what you can afford to lose.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
August 02, 2021, 10:44:29 AM
#10
I am investing Bitcoin today even if the price is still very high and risky. I still believe in some speculation that btc will rise up to 100k$ before the year 2021 end, that is why I buy some Bitcoin and hold it till the price reach up to 100k$ may I know what are you thinking this time is it a Time to buy or hold or what ?
I applaud your courage to keep investing in bitcoin, I think the current bitcoin price is not too expensive considering the bitcoin price that has penetrated its highest price of $65K some time ago and is currently holding bitcoin for the next few years is the right thing, because honestly I've just bought about 0.5 bitcoin when it was at the $29K level and I intend to keep it until halvingday happens later. Investing in bitcoin requires patience and we can't make quick profits in my opinion, so after buying bitcoins it's better to forget about it and go back to opening the wallet when the price is really high  Grin.
hero member
Activity: 2870
Merit: 612
August 02, 2021, 10:04:15 AM
#9
There are many users speculating that BTC will go up to $300,000 this year alone, it could be too much of a price goal actually but we've also not expect the price of BTC to reach this high. $ome extremely speculatd to be $1M too.

If you believe them, its enough for you to buy and hold even with just 0.05BTC. Its still going to make you big profit whenever it comes true.
member
Activity: 840
Merit: 23
August 02, 2021, 09:57:53 AM
#8
There are chains of opportunities in Bitcoin. Buying and holding isn't just the only opportunity available in bitcoin investment. You can still go into arbitrary trading or build your own exchange. Limiting your self to just investing alone will keep you constantly worried about the current price
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
August 02, 2021, 08:42:11 AM
#7
The current price of bitcoin is $39K , if you want to hold for long term and wait until it reach $100k, still it's good to buy. In last few weeks, bitcoin down to $29K, if you bought your bitcoin that time, much better.
@Nhor1011 is right, if you are aiming for the long-term, then 39k is still a good time to invest remember that bitcoin is an appreciating asset meaning that even if you are to buy at the highest price this year, if you wait long enough, you will be able to get a profit out of your investment. Remember that it's better to get in right now than wait for it to prove itself that it will go back up.
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