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Topic: Good time to get into crypto? - page 4. (Read 2195 times)

full member
Activity: 133
Merit: 100
BELUGA PAY. Complete Mobile Point of Sale System
October 07, 2017, 11:28:17 AM
#25
It's always worthy to join cryptos in any stage. This time try to save your wallet keys better.
member
Activity: 165
Merit: 11
October 07, 2017, 11:10:14 AM
#24
Well i think it is still indeed a good time, but not so easy with so much coins out there. I'm new to this thing, but reading for a few weeks now.

Hope i choose, the right 'horse'.  Grin


We are like gold miners, just a nother generation. Cheesy
STT
legendary
Activity: 4046
Merit: 1447
Catalog Websites
October 06, 2017, 07:37:33 PM
#23
Its a good time if bitcoin is growing, this certainly seems the case as numbers of users and usage is still rising so I think the answer must be yes.     As far as mining I would mostly say the time has passed for casual mining by very small scale operations, I used to mine as well and its been a while since I did any.   I wouldnt risk buying into BTC mining not because I dont think BTC will go anywhere but its become more commercial and the scale is now business sized.

I wish it was still home based personally, I think it would have more distribution around the globe and be a positive but its not that way.   If you want to experiment there is still alot ideas and new chains being started in crypto generally, nothing wrong with that.   Anyone can ask for BTC as payment and generally I think thats worthwhile as an interest not a business unless you pick up a particular idea  Smiley
newbie
Activity: 3
Merit: 0
October 06, 2017, 07:29:28 PM
#22
I think blockchain is something we'll use everywhere in the future.

Even if lately there is lot of uncertainty around crypto (china, ICO, etc..), there is no doubt about the fact that every company in the world start to be interested by the blockchain.
And crypto will still know a lot of up and down but in long term, it will be bullish for sure.

So my advice, yes it's still the right time to get back on the crypto train Wink
full member
Activity: 490
Merit: 105
October 06, 2017, 05:14:36 PM
#21
i would try and find that wallet... lol
Nice, welcome back Wink
full member
Activity: 490
Merit: 105
October 06, 2017, 05:10:34 PM
#20
I was mining bitcoin back in 2011 but lost my wallet/gave up etc etc...

Is it still worthwhile getting back into crypto?
Of course it is still worthwhile, because crypto is the future. If you wont enter now, you will regret. I have no doubt that blockchain will change the world and for me important is not only getting profit, but being part of progress.
member
Activity: 79
Merit: 11
October 06, 2017, 04:54:41 PM
#19
i would try and find that wallet... lol
full member
Activity: 144
Merit: 100
October 06, 2017, 04:51:23 PM
#18
If it's the best, we unfortunately only know later, but it's good in any case.

Now we can say that back in 2011 the prices werer very low and we should have invested, but it's also possible that we remember the year 2017 with btc prices lower than 5000$.

That's why it's always advisable to get into cryptocurrency!

newbie
Activity: 90
Merit: 0
October 06, 2017, 02:42:46 PM
#17
OP, welcome back!
Best time to enter crypto is NOW.
Best time to enter crypto was 6 years ago Smiley

Now mining (btc, dont know about other coins) wont be so efficient as it was years ago, but trading is always relevant and always will be.
Imo, any time is good to start trading.
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
October 06, 2017, 02:29:11 PM
#16
Honestly it will be hard to predict bitcoin but if you are not weak hand holding your bitcoin for a  long time you must ready what will happen sometimes in bitcoin because bitcoin is unpredictable if you know how to hold your bitcoin and are strong to hold them even you are seeing the price of bitcoin was gradually decreases you should still need to hold your bitcoin so that you can't be lose of profit instead you can make a profit because bitcoin will be more popular the price of bitcoin will continue to increase and more business online will accept bitcoin..
If you  can compare the price of bitcoin before and now its totally different.. and you can realize that bitcoin can be potentially increase its value in the future..
jr. member
Activity: 51
Merit: 10
October 06, 2017, 01:53:22 PM
#15
yes good time Because at 2011 mining was easy you can earn 50 btc but bitcoin price is low now price is high and can increase more than 6000$ in next months
newbie
Activity: 19
Merit: 0
October 06, 2017, 01:49:38 PM
#14
I was mining bitcoin back in 2011 but lost my wallet/gave up etc etc...

Is it still worthwhile getting back into crypto?

If you mean getting back into mining -- may be worth it, but will depend on your electricity price and require a lot of commitment.

If mean getting back into crypto in general -- it's always worthwhile to get back into crypto. Just watch out for scammy ICOs, useless alts and other questionable investments.

Agreed its always a good time to get back into crypto on longs you a Hodl  Cheesy

Mining is always tricky especially if you 're not willing to reinvest in hashing and have plans for scaling up.
member
Activity: 95
Merit: 11
October 06, 2017, 01:38:48 PM
#13
I was mining bitcoin back in 2011 but lost my wallet/gave up etc etc...

Is it still worthwhile getting back into crypto?

Depends on your financial situation.  If you can afford an investment that you can afford to lose, wont drive you crazy looking at the price volatility, and ok with not seeing an actual return on investment for a couple of years, then my suggestion is always yes.  yyIMO, the price will keep going up long term, short term after you buy back in you might be in the red and lose some money, but eventually it will go up.  There is still so much room for growth, and so much opportunity.  Still early in the game, and best thing to do is put some money down you can afford to lose and feel invested in the community.  Best of luck in whatever you decide to do.

Also, do you still have the wallet.dat file for your old wallet?  If so, ever think of a brute force app or a password cracking service?  They take a % of the total funds if/when its recovered, but better some money then no money?
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 06, 2017, 11:47:27 AM
#12
Buying coins is still worth it, but mining, you need to mine other altcoins since bitcoin mining requires a lot of power and expensive hardware to get profit (or even breakeven) from it. After that you can sell your altcoins for btc then hold them until you get some nice hefty profit. It's never too late and it's always worth it.
hero member
Activity: 840
Merit: 501
October 06, 2017, 11:03:41 AM
#11
Mining is not too profitable anymore, but now there are more coins to mine, I am sure one of those coins can make a good profit, now crypto currencies is really booming, it is a good time to get back and start to earn some profit
newbie
Activity: 2
Merit: 0
October 06, 2017, 10:28:07 AM
#10
hello fellas, i am new in crypto world i hope am not too late  Smiley
i hope will learn form this great forum!
full member
Activity: 210
Merit: 112
October 06, 2017, 09:45:48 AM
#9
Best time to enter crypto is NOW.
full member
Activity: 518
Merit: 101
October 06, 2017, 08:58:10 AM
#8
I was mining bitcoin back in 2011 but lost my wallet/gave up etc etc...

Is it still worthwhile getting back into crypto?
Now! Get back in track...what happened in the past should have served as learning so as not to repeat tje same mistake. Don’t be so easily discouraged. Mistakes, negligence, wrong decisions...these are all part of learning and becoming better. No need to be skeptical about getting back into crypto.. The opportunity to earn today may actually be better than 6 years ago... Wink
newbie
Activity: 4
Merit: 0
October 06, 2017, 08:36:19 AM
#7
Thanks for the replies folks Wink

It's always great to read advice from more experienced players.
newbie
Activity: 36
Merit: 0
October 06, 2017, 08:09:53 AM
#6
It is always good time to get back into crypto. It's like asking, if now it is a good time to start using emails... Weird question. Of course it is, technology is moving forward.
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