Is bitcoin the best one to invest in? Or am i too late? :( - page 6.

sarmrakib

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Quote from: Pokerbits on April 20, 2021, 04:29:30 PM

Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.

We have seen that the market for btc has rised enough and the volume are increasing daily. The market is high volatile roght now at the moment as we got a sudden downtrend. So that you have to be patient before entering to the market. However its still long long way to go for btc so that you can invest of you want but dyor first.

MCDev

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Quote from: sandqueen on April 20, 2021, 04:49:12 PM

i would wait for the hype to die down before investing into bitcoin, give it a week or so itll go down to a decent price

Maybe you are right, the market is growing too hot right now, everyone should wait patiently for the next correction.
It is easy to get caught up in Fomo if you are in a hurry to invest in the crypto market at this time.

J1mb0

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It is difficult to answer your question, no one can say exactly when to invest in the crypto market.
I think you should make your own judgment before deciding to invest in this market.

Alucard1

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It is still not too late for you to invest in bitcoin, you are just late about the knowledge in cryptocurrency but not late if ever you want to invest, bitcoin would still be the best choice to invest, even though a lot of altcoins are now growing up, it cannot still take over the hyped we have in bitcoin and the trust it builds to many people. Bitcoin is the best cryptocurrency and the safest haven compared to others. If you are about to buy now, maybe you have to wait first to some other time for bitcoin to go down for a little bit, but if you already have the speculation that bitcoin could go more then go invest. It is always up to you whatever the things you want to do.

noorman0

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[Nope]No hype delivers more than hope

It is never too late, the price of bitcoin is infinite and nothing will stop it.

Quote from: noorman0 on March 29, 2021, 10:33:51 AM

At each price level there is a risk of loss that will not exceed 100%, and the potential for profit is unlimited. The higher the price level is reached, the higher the volatility level. You will run the same risk no matter where you start or have already been, and such thoughts will always be there.

Imagine that you decide to invest $10k on bitcoin, you will get an amount of $10k worth of bitcoins in any area you start with a daily (let's say) 2-10% fluctuation range.

Lucius

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Quote from: Pokerbits on April 20, 2021, 05:37:46 PM

Probably buy and hold. Not trying to do day trading, just hoping to wake up one day a millionaire overnight kinda thing. Shooting for the stars but why not.

In that case, do not put all the eggs in the same basket, which would mean considering the distribution of your funds in several coins. Apart from BTC, I believe that there are other coins that will survive in the next 3-5 years and bring you a profit, but no one can tell you for sure in which coin to invest - the same as no one can tell you what numbers to pick on a lottery ticket.

As you say, you dream of waking up as a millionaire one day, but to do that you need to buy at least 1 BTC and hope that it will reach $1 million one day - or gamble with some less valuable altcoins worth a few tens of dollars today. Example - ETH in early 2017 less than $10, today over $2000 - BTC at the same time about $1000, today about $55 000.

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Quote from: Pokerbits on April 20, 2021, 04:29:30 PM

Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.

It will be too late when you're still waiting for the best opportunity to invest in BTC. Now is the perfect time to buy BTC, just follow the rule of "Buy low, sell high" as simple as that. The next thing to do is plan your investment if you're into the short or long-term goals then follow your plan. I highly suggest diversifying your investment to avoid big losses on your part and you could be profitable in other coins to so don't settle with one coin only.

Kittygalore

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There is no too late in investment, as long as you are alive and you can make money to increase that investment then you are good to go. What is idiotic is if you think that you are doubtful if the prices will go up so you wait for it to go down but it didn't.

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Quote from: Pokerbits on April 20, 2021, 04:29:30 PM

Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.

If i be you, but not recommend it to you. Only if i in your position, my investment maybe 10% in bitcoin and the rest is in other crypto and back up for my investment. I mean i only dare to put 10% into bitcoin maybe because price is high, if price down i will not lose much of my capital because only 10% of it and then if in future bitcoin price pumped again, i can feel the profit too.

ReiMomo

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No one is too late, but you don’t need to fear missing it out. Again, no one is too late if you want to join you can still catch the boat, it did not sail yet.

The technical prediction says that Bitcoin would still increase until $10,000 after halving. So be it before it’s too late. Get it an amount you can afford to lose, just make sure to be responsible still and find balance. I felt the same when Bitcoin was at $2,000, but if only we knew, right? But we never knew it, all of the forum's suggestions were too hard to trust before. But now you see that it makes sense.

lovesmayfamilis

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If you prefer bitcoin, ask yourself, what is the best price for you? Are you still waiting for 6 000 dollars' prices? It will not happen. The amount of bitcoin is limited, the bull market is not over yet, if you are ready to invest, then this is now, that time. Remember the rule for all cryptocurrencies, you only invest what you can afford to lose. Invest and define the time frame for which you are ready to leave the invested money alone. If it is two or three years, then you will undoubtedly make a profit.
And don't listen to those who predict the collapse of Bitcoin, can you imagine a world without the Internet? Not? Believe in Bitcoin the same way.

Quote from: sandqueen on April 20, 2021, 04:49:12 PM

i would wait for the hype to die down before investing into bitcoin, give it a week or so itll go down to a decent price

Well, here's another prophet who sows panic, and it's no wonder that this is a beginner

michellee

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Quote from: Pokerbits on April 20, 2021, 04:29:30 PM

Hi
I was just wondering if it was too late to invest into Bitcoin atm?
Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.

Maybe you are a bit late to invest in bitcoin, but you can still invest in altcoin and I am sure many altcoins will be potential this year. But it is not easy to find which altcoin you should buy as many altcoins will have the same chance to increase. But it is okay if you still want to invest in bitcoin because with the drops of bitcoin price now, I think it is a good time to buy bitcoin. But be careful because you do not know if the bitcoin price can back to the high price this week or next week.

Pandji02

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You're not too late if you want to invest in a long term. I'll suggest you to consider also ETH and not invest all money into one crypto.

AniviaBtc

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There are a a lot of cryptocurrencies there that you can choose just research and study about it.

In crypto market, there are many opportunities that you can grab and make this investment profitable for you, not only bitcoin.

If you didn't make bitcoin bullish run profitable this time then you should wait for the next time where it will increase its price and make another ATH.

sumant

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coin with limited supplies will always grow in price like bitcoin but investment should be happen when market crashes or at lower point. There are too many cryptocurrency launching on daily basis so we can't predict the future of any coin. Bitcoin has been a largest gainer in this arena so we are not late to invest in this but on a global level market we should always be ready for higher gains or losses. If bitcoin is going to accept by the world as a currency or payment method price will definitely going to blast.

FlyingDream

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Don't buy Bitcoin or any cryptocurrency. Buy something useful and use that useful thing. Sell the results and proceeds of that useful thing on whichever market is most favorable to you at the time of sale.

xSkylarx

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Quote from: Pokerbits on April 20, 2021, 04:29:30 PM

I was just wondering if it was too late to invest into Bitcoin atm?

Bitcoin is always a good investment for long term and now that its price did a correction few days ago and ranging now at $55k-$56k I can say that it is good to buy some now.

Quote from: Pokerbits on April 20, 2021, 04:29:30 PM

Or should i invest into a different crypto.

But if you are looking for a bigger profit and want to accumulate more bitcoin in the future then investing in other cryptocurrencies like BNB, ADA, or XMR is better. Their price is not that high yet so a 20% gain can be easily achieved. This is what I do to have more bitcoin without buying it. Just make sure to invest in those altcoins that have a real project and use case. Investing in some unknown altcoins that have no roadmap or background of the team can be risky for long term.

totaleclipseofthebank

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$52k is a good price zone for newcomers like you. The bloothbath only happened yesterday and bitcoin has recuperated after a few hours.

It is never too late to invest in bitcoin but you need to find a decent price to buy. Right now, if you decide to spend your money on bitcoin, I recommend you to invest 50% of your balance. The remaining is to buy more bitcoin when it is lower than $40000 or when the hype is over. Bitcoin can't go up forever. There will be time when bitcoin is in the midst of a big chaos

kawetsriyanto

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Quote from: Pokerbits on April 20, 2021, 04:29:30 PM

I was just wondering if it was too late to invest into Bitcoin atm?

Bitcoin ATM?
You don't need BTC ATM to invest in Bitcoin. Buying on exchanges and trade your Bitcoin there, is more effective than buying through BTC ATM. I don't say that BTC ATM is useless, but considering the fees, it is more expensive via BTC ATM. Also, I think it will be simpler if you directly go to exchanges to buy and trade Bitcoin.

No, you are not late. You can start to invest or trade in Bitcoin at any time. But make sure you must have sufficient knowledge about Bitcoin and crypto as a whole firstly. Don't start investing or trading before you learn about it well.

oktana

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I'm sure someone asked this question when bitcoin was at $30k.
To me, it is quite affordable right now, cause I see a future where 0.001 BTC will be affordable for only millionaires.
But don't take this as a financial advice.

Topic: Is bitcoin the best one to invest in? Or am i too late? :( - page 6. (Read 1220 times)