bitcoin is for the long term, not for 1-2 weeks or 1-2 months unless you are a day trader ...
You have to buy and then hold it and save in a hard wallet, then sell it next year.
Topic: Invest now? or wait for down turn? - page 13. (Read 14884 times)
I have bought few cents of bitcoin last year thinking that there will be bull run as it was being speculated by many of thr users here. Yet, the speculated bull run was never happeb and instead it goes down to bearish market. I was just thinking that if I could only just anticipate the bull run or the pump that never happen.
Now, that bitcoin has slowly I have never invested in bitcoin. The moment that its market price was 3k usd was the best time to invest with but still I am afraid that it could go down. Seeing it slowly recovering to 3.6K-4K means nothing also to me. Now that it made a huge pump up from 5K i have regreted that I never invested in bitcoin. I have never been anticipated.in bitcoin pump.
I am Newbie in cryptocurrency and would like to start a small trading scheme that would try my skills in the market movement.
What should I do? Invest now? or wait for.another market down?
Now, that bitcoin has slowly I have never invested in bitcoin. The moment that its market price was 3k usd was the best time to invest with but still I am afraid that it could go down. Seeing it slowly recovering to 3.6K-4K means nothing also to me. Now that it made a huge pump up from 5K i have regreted that I never invested in bitcoin. I have never been anticipated.in bitcoin pump.
I am Newbie in cryptocurrency and would like to start a small trading scheme that would try my skills in the market movement.
What should I do? Invest now? or wait for.another market down?
No one can answer those questions, because no one can predict 100% BTC price moves. You missed the bottom at 3000$ (if really it was the bottom) but you are not too late for accumulating some at every price dips. When BTC will be at 150K-250K would you mind if you bought at 3000$ or 5000$ ??
In my opinion, we may see another wave down at 4400$ and possibly retest 3300-3800$ zone (during May-July), after that we will go up, but I cannot ensure you that I'm right.
Actually you can always invest anytime on each coin. There was a speculation in which all prices of each coin were wildly high. And it is so far from your imagination. Positioning on coins(buying at the most dip) only provides extra profit from trades. But doing long term is the best. All price are going up.
I am expecting a downturn but that can very well be reversed if volume keeps on increasing. So, I would suggest you to not take risk and get in right now. Even if the downturn happens, keep you stop losses in place. But it will not harm to invest at this point. Market is bullish in short term chart. You will be able to earn some decent profit in short run if not long run.
Expectations in crypto will often lead you in frustration. You think it will rise, price drops, you think it will drop to buy more price rise, its my day trading experience basically. In long run prices are rising, so if you have plans to invest do it when you can, after that its all about for some huge rally, what happened before and what will happen again. There is huge difference between making profit in short and long run, first try to learn and after that it will be easier for you to earn, one leads to another, if you dont learn you will lose.Expectations and predictions of users are very often wishfull thinking and mot based on real situation and conditions on the market. That is why that often ends with disappointment.
If you have funds to invest you have to decide on.your own when is the right time zo invest by being present on the market and watching the price trends. Currently the price is slowly growing and there are no signs of possible downfall.
I am expecting a downturn but that can very well be reversed if volume keeps on increasing. So, I would suggest you to not take risk and get in right now. Even if the downturn happens, keep you stop losses in place. But it will not harm to invest at this point. Market is bullish in short term chart. You will be able to earn some decent profit in short run if not long run.
Expectations in crypto will often lead you in frustration. You think it will rise, price drops, you think it will drop to buy more price rise, its my day trading experience basically. In long run prices are rising, so if you have plans to invest do it when you can, after that its all about for some huge rally, what happened before and what will happen again. There is huge difference between making profit in short and long run, first try to learn and after that it will be easier for you to earn, one leads to another, if you dont learn you will lose.
I believe this the Best time to Invest because The Market is barely in Sleep mode as of Now so, We must take this as an opportunity to make the best of it and Invest in a Smart way. So that when the market is finally Awake you know how it works. its all Rush. So, without any further thoughts Read the Market carefully and understand its Terms and Invest in what you afford to lose so that it doesn't affect your future and play smart. just wait for the Bull Run. and So we can Expect a Rise in the Market.
I am expecting a downturn but that can very well be reversed if volume keeps on increasing. So, I would suggest you to not take risk and get in right now. Even if the downturn happens, keep you stop losses in place. But it will not harm to invest at this point. Market is bullish in short term chart. You will be able to earn some decent profit in short run if not long run.
for now you can just buy it, because bitcoin price still reasonable if we compare with mining cost, sure its good for long term investment, but if you want to invest for short time maybe 1-2month, i think bitcoin can down to $5.000 .
I think when you want to invest in bitcoin you can start in any time, if after you buy the market is not in your favour then you can aim for a long term investment, its a bit late to buy now because the price is already going up so to make profit maybe you need to wait a bit longer, but when we see the future potential the chances of going up still widely open, so just buy dont wait again
It really depends on how you plan on trading. If you are fine with holding then right now is a really good time to scale in (You migth want to wait a little bit more for a leg down on Bitcoin - it will also drag most altcoins down with it, giving really nice entires)
It looks like corn could be on a slow grind up
It looks like corn could be on a slow grind up
It is difficult to say, I believe that you need to wait for the recession, after which there will be a stronger growth. There are chances that growth will start now, but the risks are very high, and the recession will be sooner or later. Wait.
you are right. I don't think it's as easy as it seems. we know that it can look like an opportunity to make a profit. but the rise or fall of a coin, makes us always think. take the best decision, because it's volatile.
If you think that the price of Bitcoin will dump again then it’s your decision but I think this the golden time to buy Bitcoin. Price is now very cheap and after bull run you will get big profits.
It is difficult to say, I believe that you need to wait for the recession, after which there will be a stronger growth. There are chances that growth will start now, but the risks are very high, and the recession will be sooner or later. Wait.
If you still decide to wait then it is your decision that you will not participate in the next pump. And if you invest now I'm sure there are only two things that you will feel, namely profits and losses. Therefore from the actual market movements no one knows it so you have to decide everything yourself and based on the results of the research you have done.
I have bought few cents of bitcoin last year thinking that there will be bull run as it was being speculated by many of thr users here. Yet, the speculated bull run was never happeb and instead it goes down to bearish market. I was just thinking that if I could only just anticipate the bull run or the pump that never happen.
Now, that bitcoin has slowly I have never invested in bitcoin. The moment that its market price was 3k usd was the best time to invest with but still I am afraid that it could go down. Seeing it slowly recovering to 3.6K-4K means nothing also to me. Now that it made a huge pump up from 5K i have regreted that I never invested in bitcoin. I have never been anticipated.in bitcoin pump.
I am Newbie in cryptocurrency and would like to start a small trading scheme that would try my skills in the market movement.
What should I do? Invest now? or wait for.another market down?
A majority of newbies are in the same situation like you did guy. Now it's not the time for you to regret, let take it as a precious lesson for the next time. If you learn from mistakes, you will build up a world of experience but rememer not to make the same mistake twice. I don't know whether or not you should invest right now, but i advise you to have a good preparation before investing. The best time to buy is when you have a good preparation, that's when you prepare a good knowledge, experience and you feel satisfy with what you do. GOOD LUCK! Now, that bitcoin has slowly I have never invested in bitcoin. The moment that its market price was 3k usd was the best time to invest with but still I am afraid that it could go down. Seeing it slowly recovering to 3.6K-4K means nothing also to me. Now that it made a huge pump up from 5K i have regreted that I never invested in bitcoin. I have never been anticipated.in bitcoin pump.
I am Newbie in cryptocurrency and would like to start a small trading scheme that would try my skills in the market movement.
What should I do? Invest now? or wait for.another market down?
I already bought some when the price was above 4000$.I think that was the perfect time to buy bitcoin.Now it is 5.2k but still I think the price is OK for buying.Because I think the price will increase more in coming months and we are hoping for a price of 10000USD.I think Bitcoin will reach 10K by the end of this year.
The current price of bitcoin is not too high or not too low to buy, so that's quite reasonable for now to get. In fact, I think to wait here more for the price to drop would only lower your profit as the price is believed to be inclining in the upcoming months...
Same questions asked when btc price was on $3.1K. And still now people's are asking same questions. Who know it will down or up? May be you will miss another bull run if you wait for down trend? Semms bitcoin price healthy enough in my opinion. There is very low chances for dump it once again since its holding strong zone of $5K. I was told we might see another small bull run if btc stay above $5K for few days. And its already happened. Now we have to wait for another move. High possibility of up run and very low possibility for down trend. I will not suggest for buy or not, that's your money and you have to bear responsibility for loss or profit. I just describe my opinions.
I already bought some when the price was above 4000$.I think that was the perfect time to buy bitcoin.Now it is 5.2k but still I think the price is OK for buying.Because I think the price will increase more in coming months and we are hoping for a price of 10000USD.I think Bitcoin will reach 10K by the end of this year.
If you have money and time, the best thing you can do at this time is Invest, because the market is in a special phase to buy and hold until the bitcoin takes its bullish trend.
Many speculators do not invest, they only follow the direction of the market, if you want to be a speculator you must understand the market to see which direction the market takes, you can choose an altcoin or altcoins to study them and be very careful when operating.
The dangerous thing about speculating in these moments of the market is the hard volatility of the market, it can go up and give a very strong fall, difficult to recover, but it is very normal.
If you are willing to wait a long time, months, years, then buy and hold until bitcoin rises, otherwise learn to operate in the market.
Many speculators do not invest, they only follow the direction of the market, if you want to be a speculator you must understand the market to see which direction the market takes, you can choose an altcoin or altcoins to study them and be very careful when operating.
The dangerous thing about speculating in these moments of the market is the hard volatility of the market, it can go up and give a very strong fall, difficult to recover, but it is very normal.
If you are willing to wait a long time, months, years, then buy and hold until bitcoin rises, otherwise learn to operate in the market.
I think if the price can down from yesterday, it will a good time for us to buy in a small amount to test the price and the trends. And if the price starts to increase again, then we need to wait for what will happen next. And if the price still increase without a stop at one level price, then we miss the chance to get a low price
That is happening in many times but we have so many chances to buy or invest in random price, and for me, as long as the price can go down in many times, I will invest with small money only and don't invest with one-time price only.
A lot of opportunities for people to make a profit and we need to make informed decisions before investing in any penny. In my opinion, investing now may be very risky because many coins have risen very high in recent months but if you see the potential of the new price increase, invest more because of the opportunity to become Rich will soon appear if you have good faith That is happening in many times but we have so many chances to buy or invest in random price, and for me, as long as the price can go down in many times, I will invest with small money only and don't invest with one-time price only.
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