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Topic: How reasonable is it to invest in Bitcoin in the current situation? (Read 507 times)

legendary
Activity: 2716
Merit: 1859
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Definitely, younger and in doubt, I didn't realize how much it will gain its value. I do have regrets but I have spent most of it for a great cause. I was in school when I started here, it helped a lot. I have not lost faith even though I was not able to give some time to this and other ways such as trade was hard for me to settle with. I just kept myself updated while focusing on my career and thus I have greater faith for crypto now. It's never late to see what up ahead.
Indeed, it will never be too late as long as you still want to learn and focus on what you are aiming for. Cryptocurrency can be learned easily if you really intend to dive into it. Trading is the basic thing you need to know, because everything will be related to trading. No need for regrets, learn from now and understand the science of trading. Cryptocurrency becomes a profitable type of investment depending on how you use it.
full member
Activity: 630
Merit: 130

I have been here for quite some time already. 'been regretful that I didn't hodl my assets and just kept my self updated regarding the trends since I have a full time work. It's not a short time investment. It took years before it shoot up for its value today. Way back 2017, it's a lot cheaper you know. Imagine how lucky those who kept their assets until now.

Yeah, and unlucky for those who sell it at that time, and I am one of those people, I started way back in 2016 when you could really afford 1 bitcoin, but what I do is earn and spend with no investments and no holding at all, which is why I regret it if ever I hold it, because if ever I hold it, then I think I am wealthy right now. But, even so, I was grateful because it could have helped me a lot at the time because it allowed me to taste all of my favorite foods whenever I wanted because we were poor.

Definitely, younger and in doubt, I didn't realize how much it will gain its value. I do have regrets but I have spent most of it for a great cause. I was in school when I started here, it helped a lot. I have not lost faith even though I was not able to give some time to this and other ways such as trade was hard for me to settle with. I just kept myself updated while focusing on my career and thus I have greater faith for crypto now. It's never late to see what up ahead.
sr. member
Activity: 1701
Merit: 308
If we want to invest in bitcoin at this time of course it makes a lot of sense because the current price still has the opportunity to move to a higher value, then investing now is the right choice for investors who have enough capital because we cannot predict correctly what will happen in the future, it could be for next year the value of crypto can reach a new ATH and this will not be impossible.
jr. member
Activity: 140
Merit: 2
I think now is a good time to buy. According to the forecast, growth is possible. So, now might be a very good moment.
member
Activity: 137
Merit: 13
I think now is a good time to buy Bitcoin, a price below $60,000 is a fair price to start investing. As in previous years at the end of the year, I don't think the price of Bitcoin will experience a significant increase but at the beginning of the year I predict there will be a significant increase. No need to worry about the current price because fluctuations like this happen often and all I can do is focus on holding on, yes holding on is the best way to keep my investment profitable when the Bitcoin price drops.
full member
Activity: 728
Merit: 100
https://i.imgur.com/hgxNNiA.png

It may be their different choice to buy or wait for the Bitcoin price to experience a very bad decline. some people will also regret not making a decision last year by keeping Bitcoins. you can see the current price of Bitcoin which is very surprising. maybe next year will surprise others with the latest prices.

I'm actually like that too, bro. The beginning of knowing bitcoin through the price of dump continues. Even in view. The fact is that it continues to rise every day. Even if you take the momentum it may be good. Although the parent of altcoins but still bitcoin is more special. What would you like if bitcoin was getting rarer?

Before that happens I will try to buy a large amount of Bitcoin and try to invest all my money in Bitcoin later. maybe I can sell my house to invest it. the rarer the Bitcoin, the higher the price that will appear every year. you have to think about the good impacts that will arise and arrange strategies to avoid big losses.

in many markets we can see that the bitcoin market is currently experiencing bearish and is very good for those who invest at this time. Don't wait for the market to go up before investing, it seems like the time of opportunity is very high. as has been analyzed by observers, if bitcoin will penetrate ATH only later this year or more precisely the end of December this year.
full member
Activity: 773
Merit: 101
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It may be their different choice to buy or wait for the Bitcoin price to experience a very bad decline. some people will also regret not making a decision last year by keeping Bitcoins. you can see the current price of Bitcoin which is very surprising. maybe next year will surprise others with the latest prices.

I'm actually like that too, bro. The beginning of knowing bitcoin through the price of dump continues. Even in view. The fact is that it continues to rise every day. Even if you take the momentum it may be good. Although the parent of altcoins but still bitcoin is more special. What would you like if bitcoin was getting rarer?

Before that happens I will try to buy a large amount of Bitcoin and try to invest all my money in Bitcoin later. maybe I can sell my house to invest it. the rarer the Bitcoin, the higher the price that will appear every year. you have to think about the good impacts that will arise and arrange strategies to avoid big losses.
sr. member
Activity: 2086
Merit: 283
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Looking at the chart of this week's price movement, bitcoin has decreased from the $60k level and is currently at the $54k - 55k level based on CMC data and where many technical analysts say that the bitcoin support price is currently at the $54k level, so if the current price declines it can't get past the support point so now is a good time to buy bitcoin as it has the potential for bitcoin to bounce back to the $60k level.
sr. member
Activity: 2436
Merit: 343
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For me there's only one thing why it is still reasonable to invest in bitcoin because I do have a firm believe that bitcoin will be one of the useful currency in the near future since there already many people who used to deal with it. Either you are planning to invest in a long or short term investment it's all depend how do you really know bitcoin or the crypto, the market is so volatile and the correction that takes place recently or should I say currently is just a natural and this time is a perfect time to buy bitcoin.

^ Who doesn't save some money from his own income and deposit it in the bank every month? Everyone deposits money in the bank but if the same money was invested in Bitcoin it would be safer and more profitable. The profit that can be earned at the end of the year by buying some bitcoins every month is several times more than any conventional bank, often it can double your initial investment. So it is wise to buy Bitcoin every month without wasting time finding the exact moment to invest in Bitcoin.
And now is the perfect time to get into bitcoin and start investing in it. The price is almost reaching $50k so if we think it deeply, it has dumped well from its previous price of $67k to $68k. So no need to wait for long as we might be missing another opportunity again once bitcoin will start to recover. Before it will happen, at least we have done our part already and will have the chance to start holding bitcoin for long term. And when bitcoin recovers, then we can expect huge profits in the long run because that's what bitcoin is all about, higher price means bigger profits.
As a matter of fact, we don't know when and patients are the key. By taking this buying opportunity while the price is in correction is a way to make more profit later as expected that recoveries will come next to this. We shouldn't have to ignore this nor wait for the pump before making a step or else, we got lost the chance. A lot of people did this and it happens always, I don't know what they are thinking now or they had change it already (hopefully) and to find it very reasonable to invest in Bitcoin.
legendary
Activity: 2100
Merit: 1042
HODL
Very reasonable especially if your plan is to hold it for long term.  however, if you are investing for short term, then I suggest that you wait until the market will dip or correct as usually, that's the right opportunity to buy so you'll earn a short term profit. There are situations now that bitcoin would just dump then recover in the next few days, just like the current situation, it dump at $55k and now we are going to $60k again.

For me there's only one thing why it is still reasonable to invest in bitcoin because I do have a firm believe that bitcoin will be one of the useful currency in the near future since there already many people who used to deal with it. Either you are planning to invest in a long or short term investment it's all depend how do you really know bitcoin or the crypto, the market is so volatile and the correction that takes place recently or should I say currently is just a natural and this time is a perfect time to buy bitcoin.

^ Who doesn't save some money from his own income and deposit it in the bank every month? Everyone deposits money in the bank but if the same money was invested in Bitcoin it would be safer and more profitable. The profit that can be earned at the end of the year by buying some bitcoins every month is several times more than any conventional bank, often it can double your initial investment. So it is wise to buy Bitcoin every month without wasting time finding the exact moment to invest in Bitcoin.
hero member
Activity: 2268
Merit: 789
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

Currently, the price of BTC dropped significantly starting from $60,000 to only $54,000. As someone who HODLs my BTC for long-term gains (around 5-10 years), it is definitely a reasonable time for me to invest and purchase more in order to maximize my earnings. Since we all know that the price of BTC increases every time there is a fork, it is no-brainer for me to invest and purchase more.

Though this depends on your goal on your investments, generally I would definitely recommend to invest more for long-term gains.
hero member
Activity: 1904
Merit: 510
maybe we are confused at this time considering the price of bitcoin which is still not stable.of course, to take a step in world investment, it must be considered first considering the cheap buying price of course we will also sell at a low price too, different from the previous few years where the price of bitcoin soared so high and of course the selling price would also be like that, but for beginners this is the right time to invest but it takes a long time to get better results in the crypto world in the future
legendary
Activity: 3248
Merit: 1160
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Very reasonable especially if your plan is to hold it for long term.  however, if you are investing for short term, then I suggest that you wait until the market will dip or correct as usually, that's the right opportunity to buy so you'll earn a short term profit. There are situations now that bitcoin would just dump then recover in the next few days, just like the current situation, it dump at $55k and now we are going to $60k again.

For me there's only one thing why it is still reasonable to invest in bitcoin because I do have a firm believe that bitcoin will be one of the useful currency in the near future since there already many people who used to deal with it. Either you are planning to invest in a long or short term investment it's all depend how do you really know bitcoin or the crypto, the market is so volatile and the correction that takes place recently or should I say currently is just a natural and this time is a perfect time to buy bitcoin.
It's more reasonable to buy bitcoin right now with its current price at $54,328 so grab the chance while its cheaper today.  Although we really don't know if it will drop more or not, as long as its bitcoin, then we have nothing to worry about. Bitcoin will always follow an upward position so no matter if it experiences series of dumps, it will always bound to recover again and reach its new ATH.

However, for altcoins, choose those coins who have high potentials to build momentum again like ethereum and BNB so we will not be wasting our money because they only end up as shitcoins.
hero member
Activity: 2170
Merit: 530
Very reasonable especially if your plan is to hold it for long term.  however, if you are investing for short term, then I suggest that you wait until the market will dip or correct as usually, that's the right opportunity to buy so you'll earn a short term profit. There are situations now that bitcoin would just dump then recover in the next few days, just like the current situation, it dump at $55k and now we are going to $60k again.

For me there's only one thing why it is still reasonable to invest in bitcoin because I do have a firm believe that bitcoin will be one of the useful currency in the near future since there already many people who used to deal with it. Either you are planning to invest in a long or short term investment it's all depend how do you really know bitcoin or the crypto, the market is so volatile and the correction that takes place recently or should I say currently is just a natural and this time is a perfect time to buy bitcoin.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
people attract to something interesting, popular, and faster than other. what they see just good think, they dont know how to do if the situation is slow or steady like this. for experienced, they know because they have it before, they take the opportunity at the first, so they just wait until it price bigger. newbie, feel worried because they dont have any information about this situation. im not sure, but the bigger price taken by experienced.


By experienced, they are more aware on how to anticipate the market will proceed, not exactly they now the market
run but they are more positive and willing to hold, it's not an easy task but doable if you have the right attitude towards
this investment, the more you understand the market the better you expect the outcome.
legendary
Activity: 1610
Merit: 1003
people attract to something interesting, popular, and faster than other. what they see just good think, they dont know how to do if the situation is slow or steady like this. for experienced, they know because they have it before, they take the opportunity at the first, so they just wait until it price bigger. newbie, feel worried because they dont have any information about this situation. im not sure, but the bigger price taken by experienced.
hero member
Activity: 1344
Merit: 565
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

Personally, I believe anytime you invest in Bitcoin is a good time, and as you have noticed, the price for Bitcoin corrected recently and is more like in a consolidation mode for a couple of days though we are beginning to see and uptrend again, so you see someone that thought that they wanted to wait a bit probably would have missed out on getting in and might buy at a bit higher price and your intention for investment matters too, long term or short term.
newbie
Activity: 5
Merit: 0

It may be their different choice to buy or wait for the Bitcoin price to experience a very bad decline. some people will also regret not making a decision last year by keeping Bitcoins. you can see the current price of Bitcoin which is very surprising. maybe next year will surprise others with the latest prices.

I'm actually like that too, bro. The beginning of knowing bitcoin through the price of dump continues. Even in view. The fact is that it continues to rise every day. Even if you take the momentum it may be good. Although the parent of altcoins but still bitcoin is more special. What would you like if bitcoin was getting rarer?
hero member
Activity: 2982
Merit: 610
Very reasonable especially if your plan is to hold it for long term.  however, if you are investing for short term, then I suggest that you wait until the market will dip or correct as usually, that's the right opportunity to buy so you'll earn a short term profit. There are situations now that bitcoin would just dump then recover in the next few days, just like the current situation, it dump at $55k and now we are going to $60k again.
hero member
Activity: 2814
Merit: 576
Why not take it now? As for me, all the conditions for buying are now there, and growth is predicted.
If you have the faith in bitcoin, then start investing now because even if its risky, i know you will still be profitable in the long run because bitcoin will always rise up from any dumps and still end up bullish. As long as you're not here for short term profits, then start accumulating bitcoin and hold it for quite some time until your target selling price is already achieved. After all, there's no worries when you invest in bitcoin because its value will definitely follow an upward position no matter how many correction or price dumps it will encounter along.
jr. member
Activity: 140
Merit: 2
Why not take it now? As for me, all the conditions for buying are now there, and growth is predicted.
hero member
Activity: 1694
Merit: 691
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At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
If still doubt, i think it is worthy to wait more. If people want to made investment in crypto, i think he should be ready for it no matter in what price as long he analyze and not forced by other people to buy the coins. We as "the others" only can tell them what benefir and risk in this investment so they are ready for any condition that might be happen to their investment.
member
Activity: 434
Merit: 11
Bitcoin is in 10k$ dip its last high price was 69k$ and current price is 59k$ and many of investors state that in coming season it will reach on 100k$ and it will Great Success. So its time to invest and hold to get huge profit.
hero member
Activity: 2716
Merit: 552
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

Always reasonable. This is actually the same thoughts from the people who has been thinking Bitcoin wasn't reasonable to invest after the pump when it was still at $1,000, $3,000, $10,000 or even $15,000. Afaik, Bitcoin was slowing down and seems hovering around that range before. But now look at how far Bitcoin has come.
If you're not trading, then I guess it's always reasonable to invest in Bitcoin from a long term perspective.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
At the end of the year, we do not see much progress in the market.
Who told you? we are more than a Month from year end so who says we are no seeing much progress? few weeks ago Bitcoin recorded another ATH so idon't see logic in your statement here.

Quote
The market is still in a correction mode.
Wrong , the correction is over what we are having now is the incoming investors and they are waiting for right timing to re enter.

Quote
Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
You are thinking over , but you seems like not understand the real situation of market.
sr. member
Activity: 1274
Merit: 293
It's not yet the end of the year, there's still December and I think that it's not a good thing to be pessimistic about the market right now just because there's only a month left, instead see this as an opportunity to buy more crypto now that the prices are not yet pumping.
member
Activity: 1162
Merit: 58
if you are not into Hurry then there are always reason to invest even in this situation that the price is growing and dropping , look how much you can afford to invest and lose and also look at how the market moving ups and downs.
this will give you Idea on how much you can keep holding and how weak you can keep selling.
Buy now if the funds is ready to risk thats it.
full member
Activity: 1834
Merit: 166
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
Just look at the past price charts and analyze what do you think that it will go below or high? Many have not trusted it at $100 also or even lower and now they just regret they get a chance to invest at that levels.We are busy asking these questions and on the other side btc is going out of your reach with time.
jr. member
Activity: 68
Merit: 1
It’s not unreasonable if your reason is investing. It’s correction mode, look for a suitable entry. For the past 10months we’ve seen the growth of BTC this year, look for a good entry, apply proper risk management and you’ll be in profit, LONG TERM.
hero member
Activity: 2856
Merit: 667
At the end of the year, we do not see much progress in the market.  How reasonable do you think investing in Bitcoin now in this situation?

there is a progress and that progress is huge  . that is the reason why one should invest in bitcoin because every new year bitcoin shows an impressive growth  .

The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days.
it might be correcting now because it is been increasing consistenly last time so that is not a big deal and besides you can use this as an advantage to invest more because the year is ending again and after this , we are going to see a new heights again .
The on going correction does not bring all negativity because it can be a good opportunity to start investing at a lower price and bitcoin is definitely a great example of it. So if you believe that bitcoin has high potentials to be more valuable in the future, then now is the right time to take the risk even if we say that it’s price is not really at its bearish. And in fact, this correction will create more support level for bitcoin and all those major altcoins to end up with their new ATH at a higher value.
full member
Activity: 1638
Merit: 122
At the end of the year, we do not see much progress in the market.  How reasonable do you think investing in Bitcoin now in this situation?

there is a progress and that progress is huge  . that is the reason why one should invest in bitcoin because every new year bitcoin shows an impressive growth  .

The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days.
it might be correcting now because it is been increasing consistenly last time so that is not a big deal and besides you can use this as an advantage to invest more because the year is ending again and after this , we are going to see a new heights again .
newbie
Activity: 5
Merit: 0
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

Is the cheap price / correction in the hunt for traders?

The aftermath of the mass sell-off was due to concerns about the contagion effects of China Evergrande Group and investors who were focusing on the policy direction of the U.S. central bank, the Federal Reserve. It keeps me unaffected.
There is no harm in its 50% allocation of altcoins and the rest of it bitcoin. Because not all whales will be subject to the news that happens. want pump or dump jiga I have to choose I will buy it..
hero member
Activity: 2604
Merit: 816
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if you want to invest and trade I don't think it's too late to invest because Bitcoin is in the correction stage and has not yet reached ath above 65k$
if you only for the short term it is not a problem but you will only get a profit of 10-30% for each trade,

It may be their different choice to buy or wait for the Bitcoin price to experience a very bad decline. some people will also regret not making a decision last year by keeping Bitcoins. you can see the current price of Bitcoin which is very surprising. maybe next year will surprise others with the latest prices.
If they can get bitcoin at $56k, they will not worry because the price is lower and is good to hold for some time to wait for the price to rise again. But even if the price is down for more, that price is still good to buy and as usual, after the price reaches a lower price, it will bounce for a while to the high price. The next year could be the time for bitcoin to explode and rise higher but bitcoin still have time until the end of this year to increase. It is good to see bitcoin price now can moves for a little price and hopefully, it will still continue.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
As long as you have proper expectations and have the money to invest, it makes sense to diversify into assets like Bitcoin. If you’re trying to get rich quick, you should probably be careful. We are at the end of a long bull run and by every measure the market will be expecting a correction in the coming markets. If you’re looking to make a long term investment into Bitcoin, now might not be the most opportune moment, but dollar cost averaging is always a good idea.
legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
OP enters the classic question that works today, tomorrow and always, but the one that defines it correctly is the context, that is your financial situation, the return on investment plan, just to name two.

Your question transcends the feeling of ; if "buy" and it falls below the value "buyed," it is what you look at when you just arrive and the money is scarce, sorry if you are in the case of bussinesmaninvesting big money. I say this for ordinary people with a normal income who seek financial freedom in bitcoin, if this is your case even if the price of bitcoin falls to levels below $ 50k, investing requires money that you do not need in the short term, That is always independent of any situation.

That said, in the specific case of your question, anyone who understands bitcoin volatility knows that we are in bitcoin "friday" mode...although situations can change quickly.
hero member
Activity: 2268
Merit: 588
You own the pen
No one will attempt to invest when the price is at its current peak when they planning to sell it after a few days or months. rather investors will wait for the price to go down and start buying BTC when that happened, you need to act swiftly because you are not the only one waiting for it. As this method is already known, there are lots of people waiting for that to happen and the price will gonna pump after they enter the market.
legendary
Activity: 2422
Merit: 1140
duelbits.com
I'd personally prefer to have my savings in Bitcoin, despite the risks than fiat currencies, any day of the week.
Means you put all your extra money into Bitcoin?
For saving, I prefer banks but for investment purposes, surely I choose Bitcoin or gold or land.
I think we still need fiats, not really can avoid using it. Especially like in my country, cannot use crypto for payment purposes. So, I divide my money into several purposes.

full member
Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
if you want to invest and trade I don't think it's too late to invest because Bitcoin is in the correction stage and has not yet reached ath above 65k$
if you only for the short term it is not a problem but you will only get a profit of 10-30% for each trade,

It may be their different choice to buy or wait for the Bitcoin price to experience a very bad decline. some people will also regret not making a decision last year by keeping Bitcoins. you can see the current price of Bitcoin which is very surprising. maybe next year will surprise others with the latest prices.
staff
Activity: 3304
Merit: 4115
Theoretically, bitcoin is an amazing protection against inflation. It was designed for that.

I think it is very reasonable to have a decent amount of bitcoin, for anyone, anywhere in the world.
The USD inflation definitely isn't temporary, while Bitcoin was designed to be deflationary, rather than inflationary, USD or any fiat currency for that matter is actually designed to be inflationary, this is why I don't get why so many people act surprise when we get high inflation rates. Massive inflation is exactly what you get when you continuously inject new money into circulation, and it seems that USD is particularly bad for it, and injects it without much regulation at all. 

I'd personally prefer to have my savings in Bitcoin, despite the risks than fiat currencies, any day of the week.
sr. member
Activity: 1498
Merit: 443
that's right, the market is going down at the moment and is in the same position continuously. but if you mean investing then I don't think that will stop it, even when the market is down it's a good thing to buy bitcoins to invest. we can buy it and keep it to invest. During the investment process, we just need to wait for time and monitoring the market. different from trading, if your intention is to trade, then in a situation like this you need to think about it. so it is different here between trading or investing.
hero member
Activity: 3010
Merit: 629
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
It depends on your plan because if you're going to invest and hold it for long period then dont mind the price and just buy. The current value is not as expensive as few weeks back. Therefore if you really want to invest in Bitcoin this time would be advisable, unless if you're looking for short term profit and wants a much cheaper price before buying.

Nevertheless buying Bitcoin is always reasonable because its a profitable investment (though it has risk). Hence, know what you're getting into for your own good.
full member
Activity: 1946
Merit: 112
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

If we turn to the history of the development of BTC, we can see that everyone who invested in Bitcoin all made a profit, provided that no one sold their BTC below the price for which the purchase was made. This means that if the price of Bitcoin continues to rise, then it makes no difference when you invest in BTC. This can be done now, tomorrow and after, all the same you will be able to sell it at a higher price afterwards. So if you believe in Bitcoin and its purpose, then yes you can invest in BTC right now.
sr. member
Activity: 2016
Merit: 283
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
bitcoin is for long term mate, i mean it will not work for short term if you really want a good return in just a short period of time. In future trading perhaps but investing, i think 5years or 10 is enough wherein you will become highly profitable. By the way i actually checked the graph if what percentage i can get from it if however i invested money for years. And yup it's not bad but for me in my personal opinion if i have so much time to make research for another option such investing to alts probably much better because alts nowadays is very promising but you need to keep updated in order to get the right timing to dump since most of them always experience a hard declined that can lead the price to very dip level unlike bitcoin that your investment is really safe because of having strong support that's why most investors really like bitcoin especially for long term.
sr. member
Activity: 2660
Merit: 339
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
Are you really sure about what you said that the market doesn’t show much progress during the end of the year? Because, if I can remember, during the last bull run that we had, the market showed a lot more progress around the end of the year, and that was around December, that was when the market reached a high price that it has never reached before.

And since this is the bullish time, don’t you think the market is more likely to see much increase before this end of the year is over? We know the market has been quite stable for long now, and is always getting back up after a slight decrease. So, I don’t think it would be a bad idea for someone to invest at this time.
legendary
Activity: 1652
Merit: 1000
buy bitcoin still reasonable currently and don't be so doubt to buy bitcoin actually because for me so far for long term investments bitcoin still good for investment purposse and the current correction don't mean not good for buy even for some people usually they bought more because there are possibilities for the price higher from the current peak so buy bitcoin before it's too late and the price still decent to buy although very high compare to last year however some people including me expect new peak happend at 2022
legendary
Activity: 2156
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Buzz App - Spin wheel, farm rewards
if you want to invest and trade I don't think it's too late to invest because Bitcoin is in the correction stage and has not yet reached ath above 65k$
if you only for the short term it is not a problem but you will only get a profit of 10-30% for each trade,
member
Activity: 994
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Investing in Bitcoin is still a very good idea even in the current situation. It has achieve a new ATH and right now it is in a correction state. I will say putting your money in Bitcoin is a good investment because we might just get anew ATH soon.
sr. member
Activity: 2828
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Eloncoin.org - Mars, here we come!
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
What kind of reason are you suggesting us to answer? because if you mean about short term then yes this is not reasonable now as the price is hyping a lot, but =if you are into long term then there are no reason to look at because bitcoin will continue to increase no matter what.
the best thing you need to do is invest with the amount in which you can forget for long time.
so the funds will remain in your holding in that long term basis.
hero member
Activity: 2366
Merit: 594
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

I have been here for quite some time already. 'been regretful that I didn't hodl my assets and just kept my self updated regarding the trends since I have a full time work. It's not a short time investment. It took years before it shoot up for its value today. Way back 2017, it's a lot cheaper you know. Imagine how lucky those who kept their assets until now.

Yeah, and unlucky for those who sell it at that time, and I am one of those people, I started way back in 2016 when you could really afford 1 bitcoin, but what I do is earn and spend with no investments and no holding at all, which is why I regret it if ever I hold it, because if ever I hold it, then I think I am wealthy right now. But, even so, I was grateful because it could have helped me a lot at the time because it allowed me to taste all of my favorite foods whenever I wanted because we were poor.
legendary
Activity: 1372
Merit: 2017
Quick question, are you looking to trade it, or actually invest in it? These two are very different things. Because if you're actually looking to invest, looking at the recent price movements shouldn't really matter if you actually think that it's going higher in the long-term.

Just take a look at USD inflation. It is now above 6.4%, and it certainly does not look to be something temporary.

...

Theoretically, bitcoin is an amazing protection against inflation. It was designed for that.

I think it is very reasonable to have a decent amount of bitcoin, for anyone, anywhere in the world.

Exactly. It seems to me that the OP has a roulette-playing mentality. He wants to guess what the market will do and buy or sell accordingly. Since it seems to him that we are in a correction phase, he hesitates whether to buy.

From an investor's point of view, it is always a good time to buy Bitcoin, not only because of its intrinsic properties that make it appreciate in value over the long term, but because holding your wealth in fiat has the sure risk of losing purchasing power by leaps and bounds due to high inflation.

legendary
Activity: 2338
Merit: 1084
zknodes.org
You may go ahead with investment if you are planning for long term investment since these small corrections will not be a big deal for long term invetsment, but it's a complex time to trade at this moment because bitcoin is going through correction phase and it might either shoot up post correction phase followed by a temporary dump else fallback flat and gradually recover which will take sometime and that's not good for daily traders.

Long-term investing is the recommended type of investment for traders who don't have to make profits as quickly as possible. Bitcoin correction phases as it is now is the right phase to continue to increase the amount of investment.
The need to determine where to buy is determined using technical analysis so that you can read the market price. Make sure to buy at the strongest support price so you can recover quickly. Trading requires ingenuity as well as patience. However the situation is trading must remain calm.
full member
Activity: 630
Merit: 130
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

I have been here for quite some time already. 'been regretful that I didn't hodl my assets and just kept my self updated regarding the trends since I have a full time work. It's not a short time investment. It took years before it shoot up for its value today. Way back 2017, it's a lot cheaper you know. Imagine how lucky those who kept their assets until now.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
First and foremost, the year has not yet ended. There's still more than a month left. And as we all know with Bitcoin, it could surprise us anytime. The progress that you meant could arrive at the last minute.

Anyway, it is very reasonable to buy Bitcoin now. As I've always been saying, the perfect moment to buy Bitcoin is always now, whether Bitcoin is at $57,000 or $60,000 or even at its ATH. But of course it is sweeter to buy Bitcoin with a discount. Wink

I agree with you that investing in Bitcoin is always reasonable because we know that Bitcoin can shine at any time. But one thing always comes to mind, we saw Bitcoin crashing massively in 2018.
At that year, buying bitcoin would be a good opportunity for people after bitcoin reached the first ATH ever but people had already panicked seeing the price jumps down so hard.
That makes them forget to invest in bitcoin while the price is at the lowest price and many of them leave crypto without thinking to come back and make another crypto investment.
We already have that experience so if the next crash comes again, we are ready with that and already make a nice profit to use that moment to buy more coins.
Even if we do not use that moment to buy more coins, we do not have to panic because we can lose the opportunity to take benefit to us.
member
Activity: 352
Merit: 18
Pepemo.vip
First and foremost, the year has not yet ended. There's still more than a month left. And as we all know with Bitcoin, it could surprise us anytime. The progress that you meant could arrive at the last minute.

Anyway, it is very reasonable to buy Bitcoin now. As I've always been saying, the perfect moment to buy Bitcoin is always now, whether Bitcoin is at $57,000 or $60,000 or even at its ATH. But of course it is sweeter to buy Bitcoin with a discount. Wink

I agree with you that investing in Bitcoin is always reasonable because we know that Bitcoin can shine at any time. But one thing always comes to mind, we saw Bitcoin crashing massively in 2018.
legendary
Activity: 2576
Merit: 1860
First and foremost, the year has not yet ended. There's still more than a month left. And as we all know with Bitcoin, it could surprise us anytime. The progress that you meant could arrive at the last minute.

Anyway, it is very reasonable to buy Bitcoin now. As I've always been saying, the perfect moment to buy Bitcoin is always now, whether Bitcoin is at $57,000 or $60,000 or even at its ATH. But of course it is sweeter to buy Bitcoin with a discount. Wink
staff
Activity: 3304
Merit: 4115
Depends what type of person you're. If you invest now, you're risking losing that investment, however this is true for anytime you invest in Bitcoin. That's just the reality of investing. Though, the only person who can really determine this for you is you, since you know if you believe in Bitcoin or not, and you know how much you can afford to lose.

Personally, if I had more disposable cash that I didn't have tied up elsewhere, I would absolutely be taking the risk, and buying more Bitcoin. Though, I wouldn't be looking to take that Bitcoin back out again for a very long time.

I think you don't really know much about bitcoin, if you really know about it I think you shouldn't be asking this question.
Plenty of people make money on things that they don't personally understand, though for obvious reasons it's always recommend that they do learn about it. Though, all they need to know is the amount of support it has, and predict how much support it could potentially get, and that's usually a recipe for increasing its value due to supply, and demand increasing.
hero member
Activity: 2142
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Hire Bitcointalk Camp. Manager @ r7promotions.com
I still have a reason, at east to face the next bullish price of Bitcoin itself. So far, It seems not happen very significantly. It is still November and I still have some hopes that on December or at least January next year, the market of BTC itself will be bullish again and really reach its top ATH as we expect so far.
And after that, altcoin season may be coming.
However, we must also have some strategies if  our strategy doesn't run well, in the meaning of the market will be bearish soon, we must be ready.
Actually, every decision will have its won risk and this will depend on how ready we take the risks.
legendary
Activity: 2422
Merit: 1140
duelbits.com
when the price enters the bearish area as it is today, this is a good opportunity to buy at a lower price.
Bearish or correction?
I don't think we are already in the bearish area, mate.
What's happening today, is just a correction of Bitcoin price. As you stated above, it is needed before the next jump.  Wink

I personally add my assets to several altcoins as well as bitcoins.
Me, too. But I prefer to buy more in altcoins because I think it is enough to hold my current BTC.
I am sure we still don't see a real big altcoin season so far. So, I am preparing my asset before the altcoin season.
hero member
Activity: 1484
Merit: 928
I think you don't really know much about bitcoin, if you really know about it I think you shouldn't be asking this question. In cryptocurrency if you can't have patience then you are not ready to make good profit, because you don't just expect bitcoin to be pumping easily just like that I believe it will be moving gradually and in market there is always a correction which lot's of people always panic and sell doing correction because they are scared of dump, which currently u believe bitcoin is just making correction and am waiting for another step upward so I believe is your choice to buy now or buy later, you can do your research and make sure you invest in any amount you can afford to lose.
copper member
Activity: 2968
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www.Crypto.Games: Multiple coins, multiple games
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
No one can answer this question for you. You should know better than anyone else if now is the right time for you to invest in bitcoin. You know your financial situation, so you decide. Can you afford to lose all your money? Then just invest. Now is the perfect time. The price took a dip. Take the advantage of this dip and invest as much as you can. Keep holding until your reach your profit goal. Maybe a year or two? Don't wait or you might end up regretting like rest of those that never invested in bitcoin when it was cheap.
hero member
Activity: 3080
Merit: 603
At the end of the year, we do not see much progress in the market.
Are you sure that you don't see much progress? Because for me, I've seen a lot of progress and they're great!

The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days.
Don't look at the allowance of each day but, look at the months and years that has passed and tell that there's no progress within those periods. If you're a trader, it's usual to look at the market daily. But if you're not, look at the chart and zoom it out.

How reasonable do you think investing in Bitcoin now in this situation?
Still one of the best thing that everyone should do.
member
Activity: 1092
Merit: 67
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
If the current bitcoin situation confuses you, don't do it, don't value bitcoin in the near term to give you a profit, but look at bitcoin for the long term as it will give you good returns.

because a correction or whatever happens to bitcoin that has already happened will definitely happen again and so on, but eventually it will rise again from the previous high price for the long term and return to a correction or whatever and so on.

First, he needs to be a believer of bitcoin because it is hard to invest on a certain thing if you have no confidence towards its existence. Because slight fud in the market and he may panic and sell it at a loss. You will find a lot of reasons to invest in bitcoin if you are already long time crypto user. But if you are just new here, he may still be confused or not convinced about the capability of bitcoin. With the past decade of existence of bitcoin and its market performance throughout the years, I can say, there's a very good reason why it is good to invest in bitcoin.
hero member
Activity: 2030
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No God or Kings, only BITCOIN.
Well, if it's just investing I guess you can try to DCA from here or even it goes lower, an investor wouldn't mind I guess. Progress doesn't come monotonically as if it's always rising, beware that this is still an speculative asset in the first place and progress may a little bit bumpy for most short term individuals.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
If the current bitcoin situation confuses you, don't do it, don't value bitcoin in the near term to give you a profit, but look at bitcoin for the long term as it will give you good returns.

because a correction or whatever happens to bitcoin that has already happened will definitely happen again and so on, but eventually it will rise again from the previous high price for the long term and return to a correction or whatever and so on.
hero member
Activity: 3052
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At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
Invest on what you can afford to lose as always because this had always been like this whenever we do caught ourselves on this particular condition which its really hard to make out some decisions basing on the market movement today on which you would really be hesitating on doing such action because you dont know on what would be next this is why risk taking would really
be crucial on these moments because its whether you do accept it or would just wait until t he market settles and this is something wont really be easy.
The on going correction phase would cause a little destruction for some short term traders but for most of us who are investing bitcoin for long term, i think we are already used to this. After all, we will not sell if the peak price is not reached yet, and we won't be selling at its low prices too.

However, the current situation makes the market more unpredictable because we don't have any hints either the market will continue to be bullish or bearish in the next few days. But as long as we are patient enough to wait for the right time to make profits, then even how slow the market moves, it won't be a big deal for us, unless you are longing for quick profits, it won't really be possible this time.
hero member
Activity: 2688
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DGbet.fun - Crypto Sportsbook
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
Invest on what you can afford to lose as always because this had always been like this whenever we do caught ourselves on this particular condition which its really hard to make out some decisions basing on the market movement today on which you would really be hesitating on doing such action because you dont know on what would be next this is why risk taking would really
be crucial on these moments because its whether you do accept it or would just wait until t he market settles and this is something wont really be easy.
sr. member
Activity: 1848
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Duelbits.com
There's nothing unreasonable, as long as it's still called a correction and you specify the % you want to take, then it's certainly a profit benchmark when the price starts to grow giving an upward signal. It's simply like that in Bitcoin, and there's no need to worry. Especially if you hold it in the long term, you will definitely not experience losses.


If you talk about market progress, you may forget that so far, the market has actually carried out many rallies that have been carried out several times. Is that still not enough. Let's look at the movement of Bitcoin for several months, then experience a correction for only a few days, after which it makes a bigger reversal. Coupled with a lot of positive sentiment that is getting more and more, it could be more likely to encourage price increases at the end of this year.
legendary
Activity: 2114
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Playgram - The Telegram Casino
At the end of the year, we do not see much progress in the market.
Are you speculating here or following past events? There's no repetitive pattern and the market reacts differently in different years. If everyone knew when the market doesn't progress and when it does, everyone would make money.

The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
I would definitely invest now, when investing short term actions do not matter much, just the long term potentials.
legendary
Activity: 3080
Merit: 1500
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

Lol! People have already started buying while you are still confused! Every dip is an opportunity to buy more! All you need to understand that bitcoin is an accumulation game. There are 7 billion people in the world and only 21 million bitcoins can ever exist. So the more you accumulate, the better. Bitcoin is volatile but that's why it gives ample opportunities to enter into the market. If you don't see such signals, it's better to stay out of the bitcoin market.
legendary
Activity: 2352
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bitcoindata.science
Quick question, are you looking to trade it, or actually invest in it? These two are very different things. Because if you're actually looking to invest, looking at the recent price movements shouldn't really matter if you actually think that it's going higher in the long-term.

Just take a look at USD inflation. It is now above 6.4%, and it certainly does not look to be something temporary.

Quote
Monthly 12-month inflation rate in the United States from October 2020 to October 2021


Theoretically, bitcoin is an amazing protection against inflation. It was designed for that.

I think it is very reasonable to have a decent amount of bitcoin, for anyone, anywhere in the world.
legendary
Activity: 2716
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Rollbit.com | #1 Solana Casino
when the price enters the bearish area as it is today, this is a good opportunity to buy at a lower price. I personally add my assets to several altcoins as well as bitcoins. To reach a new ATH, a correction is indeed needed and this is a condition where Bitcoin is preparing to reach a new ATH again.
Capital management is needed in order to be able to buy at the lowest price.
full member
Activity: 1148
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Hire Bitcointalk Camp. Manager @ r7promotions.com
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

do you think that the current bitcoin price is too high? if yes then you are very wrong....the price of bitcoin has the potential to rise up to 5x over the next few years so buying bitcoins today is very "sensible"..here are a little reasons i can give.
hero member
Activity: 1946
Merit: 502
The problem is many investors of these days are only for short term basis if not there is no need to get confused when to invest in btc especially when it is at the dip, if you think there is more dip to come then you can hold back and watch the market go the direction it chooses, otherwise now is as good a time as any other day.
legendary
Activity: 2646
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DGbet.fun - Crypto Sportsbook
Whether it is bitcoin or some other investments, there'll be price correction, market crash, bull trend and bear trend. When we consider something as an investment then it needs to be kept idle or kept for hold for certain time period. Considering that in mind one can invest into bitcoin unlike the market trend.

Right now market correction is under process, buying at the moment could bring in profit. Based on the opening post it looks like your plan is short term profiting. In such case it is good to prefer some Metaverse projects that are in the hype.
hero member
Activity: 1890
Merit: 831
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?

I do think that investing at any time is reasonable since at the end of the day, the future price is not something that anyone can predict with full certainty, if you do want to invest and do have extra money to do so then you definitely should take a step forward and do it.

Even during the covid we have seen pretty promising graph which is looking reasonably well for the future as well. If you are looking for day trading, you should wait for a bit and if you are just into general investing then why not? The price usually falls down after February but before that I do feel it climbs up.

Go for the long term you would have a lot of benefits.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Quick question, are you looking to trade it, or actually invest in it? These two are very different things. Because if you're actually looking to invest, looking at the recent price movements shouldn't really matter if you actually think that it's going higher in the long-term.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
If slowness puts you off investing in crypto, just keep your money out of it - in fact most investments are pretty slow too so if you're wanting to invest and grow your funds then get used to it...

Maintaining a price at this level does take some doing though, we've gone from $6k to $60 in 18 months so slowness now really shouldn't cause people to panic or get bored as it's also building resistance for if we go higher.
member
Activity: 352
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Pepemo.vip
At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
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