Is bitcoin the best one to invest in? Or am i too late? :( - page 7.

TravelMug

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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.

That's what others have been asking in December when the price hits $20k. But after four months the price goes to $60k, So I would say that it's not that late to really in invest on btc, you just have to bear the consequences of seeing lots of ups and downs but eventually it will settle on a new all time high.

So it's really up to you, how much money you are willing to risk and what goals you have (majority will advise that you go long term).

Twentyonepaylots

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It's never too late to invest in bitcoin, although the price may seem disheartening for some people because of how high it is right now. Just imagine your gains when it reaches 100k, 150k, or even a million dollars. Just invest, don't listen to the FUDders because at the end of the day it's your money we're talking about and not theirs. Bitcoin shows so much potential that you just can't overlook it.

Smartvirus

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Investing in bitcoin 8s no bad idea and personally, i don't think there is ever a too late on investments so long as, your sure to make some profit and in this case, your obviously sure to make some profit. At the moment, the crypto market across all coins is experiencing some bearish move and as such, your most likely to buy at a low from any point and make some profit when the bullish move comes.

With bitcoin being the top and referenced coin, investing in bitcoin is probably the best choice in picking a coin to invest in. Where the problem comes is with the charge or fee as it becomes increasing difficult to transact with bitcoin due to the value attached that has brought in a lot of investors. Other than this, its all good.

Rabi3

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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

i don't think a weak would be enough for the price to go down, also he won't make a lot of profit (depends on the amount he wants to invest with and the goal that he wants to reach, but in my opinion, i think BNB is the best option right now.

Sihab76

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At present no cryptocurrency is a trivial matter. Every virtual currency is coming up at this point and moving upwards. Bitcoin as well as other coins are on the rise. So I would say you can invest in Bitcoin as well as other coins by analyzing the market.

peterpanda

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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.

You can invest on bitcoin any time and it is one of the best investment. Every time is suitable if you want to invest on bitcoin because it is growing so quickly. Just don't lose hope and stay connected with bitcoin. Don't hesitate to invest on bitcoin and may be this is your best chance.

tsaroz

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If institutional investors and businesses are buying bitcoin at over 50K, I don't think we must stress much for filling our coin pockets with some bitcoins. They must have seen something in bitcoin that's driving them in even in such price. Bitcoin market is a new one and there's not enough data to predict the price direction with it's history. But it has always been on an increasing trend and for the last depression post 2017, the price hike was quick and small lived while bitcoin has been trading for months above 55K now. There are some trends that denies the possibility of a sudden crash.

Pokerbits

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Quote from: Bitcoin_Arena on April 20, 2021, 04:57:43 PM

What do you mean by investing in? Day trading or buying and holding for the future (2026 perhaps)?

The bull run may not be over but be very careful of the mistakes people make due to FOMO (Fear Of Missing Out), you may buy the asset at it's peak price only for the price of the asset to start dropping drastically for months or even years.

If you want to buy Bitcoin, what you should ask yourself is, if you bought Bitcoin today, and the price dropped back to 8K shortly are you willing to wait until the next bull run(probably after 4 years)
Can you afford to lose the money you are planning to use to buy bitcoin?

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.

tabas

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Do you think that bitcoin will reach more than $62k? if so, invest which means that you're long term in bitcoin.

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

Or should i invest into a different crypto.
Been through a few threads some say it is some say it isnt.
Please help
Thanks.

This is the style of many new investors, they find bitcoin expensive so they create an alternative through looking for cheaper altcoins. Maybe many of them got profit but it's still the best to keep your asset in bitcoin.

Hamphser

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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.

Depends on what are your goals..

If you do tend to make out short term profits then dealing with the current movement in bitcoin price can give you the chance or opportunity because it had been moving around the levels of
53k-56k and if you are really a fan of playing with volatility then this time isnt a bad one.

When you do tend to hold for long term then buy right away.Current prices shouldnt really be a hindrance for you to stop yourself on doing such positioning on the market.

There's no such thing about being late if you are really going for long term.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

What do you mean by investing in? Day trading or buying and holding for the future (2026 perhaps)?

The bull run may not be over but be very careful of the mistakes people make due to FOMO (Fear Of Missing Out), you may buy the asset at it's peak price only for the price of the asset to start dropping drastically for months or even years.

If you want to buy Bitcoin, what you should ask yourself is, if you bought Bitcoin today, and the price dropped back to 8K shortly are you willing to wait until the next bull run(probably after 4 years)
Can you afford to lose the money you are planning to use to buy bitcoin?

sandqueen

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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

Pokerbits

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Activity: 5

Merit: 0

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.

Topic: Is bitcoin the best one to invest in? Or am i too late? :( - page 7. (Read 1190 times)