Is it a good time to get in or not - page 9.

doomloop

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Quote from: BDBitcoinExpart on November 23, 2020, 05:56:39 AM

At present some coins can be invested. Such as Polkadot (DOT), NEO (NEO), Ethereum Classic (ETC), and VeChain (VET). However, when a little dip will come, it can be bought. If you invest for 3 to 6 months, good profit can be expected.

With due respect to all the names of tokens and coins you mentioned, I will strongly suggest investing in the BTC markt only when the bull run is going on because altcoin market has struggled and apart from XRP no other coin has gained much value during this bull run of BTC.

Quote from: Delisaara on November 23, 2020, 06:02:21 AM

this is a good time to play in futures and take BTC short, I don't believe BTC will go up to $ 20000, but let's just watch and follow the progress. I don't dare to buy now, just trade short term and take profit little by little. that's enough. for me, I don't want to be greedy with waiting to rise too high.

You really don't believe? I mean I am pretty sure we will see the price crossing 25k before the new year but let's see and everyone have their freedom of speech and way of speculation.

Quote from: Nivia1st on November 23, 2020, 06:53:30 AM

too risky if you want to buy now. the price is quite high. but it's different if you want to buy altcoins like Eth, Ltc, Ripple or even polka dots. when bitcoin stops rising, there will be a flow of funds from bitcoin to altcoin. so there is still hope for altcoins to go up.

Not a bad idea but like I said above go for the market that is in the bull run because one market hardly influences the other coins and that is because of the depth in the market now unlike years back when BTC rise will make all the coins jump high.

wiss19

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Quote from: joseyphil82 on November 22, 2020, 05:01:31 AM

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?

When talking about Bitcoins, I always consider the situation like: When was the best time to buy bitcoins? Yesterday! But since you missed then you can buy now. Basically the price keeps surprising us because there were people who asked if it was worth buying at 12k and we all know the answer but in hindsight.

I would never recommend anyone to buy bitcoins if you need that money for livings because if the price goes down by a few thousand bucks you will be mad and blame me but if you have patience and can wait months in the worst case scenario then go ahead and buy some. In the long run no one has ever regretted buying Bitcoins and there is no reason for the pattern to change, but it is investment and has its own risks so do your own research too.

JRoa

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There are always risks but for me the risks are lesser than before especially when we are still in the beginning of the pandemic because the market is full of fear but now we recover and look at the price of the bitcoin and some altcoins; they are now keep rising and for me the market is now full of greed where we should expect that there will be a momentum and we can see a lot of cryptocurrencies that there trend will turn into uptrend.

Baimovic

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in the crypto market whenever you can buy it while you have money and I don't think it's too late for you if you want to buy Bitcoin at $ 18k or some other top crypto. for me Bitcoin can reach more than the current price, I am personally optimistic Bitcoin can break through $ 19k- $ 20k at the end of the year.

Winscosinally

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Till today many still prefers to invest money on bitcoin than any altcoins so those type of people will have no choice but take risks on bitcoin even if the price is growing higher, I feel like it's not too late to get in right now as bitcoin can grow over 20,000$ this time around compared to 2017 ATH, some people like taking risks and we can't stop them

1l1l11ll1l

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Quote from: trauchot on November 23, 2020, 08:25:26 AM

At the moment, I would not advise investing in bitcoin, because bitcoin has already grown very much in price for the entire 2020 and at any moment the bitcoin price may start to fall, so I advise you to wait until the bitcoin price will start to fall and then calmly start investing in bitcoin.

Market cycles as well as corrections will continue, but we cannot be sure when that time will come. but for now it is too late to invest in bitcoin considering that bitcoin is already at a high enough level with a positive trend

ven7net

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Quote from: joseyphil82 on November 22, 2020, 05:01:31 AM

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?

I believe that the best time to invest has already passed, but this does not mean that it is no longer possible to invest. To understand whether it is possible to invest now, you need to study information about the crypto market as a whole and see the big picture. If we are talking, for example, about the price of BTC at 20,000 USD and expect future growth to 100,000 USD, then of course it is possible and probably even necessary to invest. But in order to do this, you need to know that BTC will grow. From personal experience, I know that the crypto market is showing growth every 4 years, and the fourth year is just teaching for 2021. So study the information and make the right conclusion.

Periodik

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If you are planning to get in so that you will make money in a short term duration, this is not the perfect time for you. But if you are planning to get in for a long term investment plan, you may do that. Just be aware that the risk for a correction is much higher right now.

But, to be honest, I think the rally has not yet ended. We have yet to see new price record highs of Bitcoin and leading altcoins such as ETH and LTC. That will take place before the stronger correction.

jademaxxiss012

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I advise you to invest in bitcoin the next cycle like after the ATH or the possible market price fall down would be ideal in my opinion. But, we can't also deny the fact that after the ATH bitcoin could remain in the 20K$ market price. This means that it will be difficult to invest in this current market like having 20K$ as normal price for bitcoin. We do not know what will happen with bitcoin. However, as suggested that it would be better not to jump in investing now with bitcoin.

ningrum

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Quote from: BDBitcoinExpart on November 23, 2020, 05:56:39 AM

At present some coins can be invested. Such as Polkadot (DOT), NEO (NEO), Ethereum Classic (ETC), and VeChain (VET). However, when a little dip will come, it can be bought. If you invest for 3 to 6 months, good profit can be expected.

Altcoin season will bring VET, DOT and even NEO will also have an impact, a drastic increase!, like the altcoin season 2018 ,
I hope that in 2021 all altcoins with strong fundamentals will experience this increase and recovery like the price at lunch,
because many altcoins are still undervalued.

trauchot

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At the moment, I would not advise investing in bitcoin, because bitcoin has already grown very much in price for the entire 2020 and at any moment the bitcoin price may start to fall, so I advise you to wait until the bitcoin price will start to fall and then calmly start investing in bitcoin.

InwardContour

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Quote from: zidanw on November 23, 2020, 07:43:50 AM

For me I think it could still be profitable to invest to Bitcoin but the risk is high at the moment. Well it still up to you if you could manage to take profit that's good and if not well I hope it's a lesson that you should only invest when the price is low.

Best time to buy BTC was during the dips, but since investors are usually scared when prices go down, since nobody knows the bottom, investing at dips is really not an option for many. Presently I'm holding the planned amount of BTC I hoped to, but if I want to buy more BTC, let's say with 10,000$, I will divide the funds into four (2500$ each portion) and invest at intervals. This will enable me to be in profit if prices go up or buy the dips if prices go down to even up.

magnum cyber

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You will only run out of time if you always ask when is the right time to buy it while the market has made significant changes especially to the prices of BTC, Ethereum, LTC, Waves, XRP and some of the top altcoins. If you have the capital then catch it now, before the market really explodes at the end of the year.

zidanw

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1xbit.com

For me I think it could still be profitable to invest to Bitcoin but the risk is high at the moment. Well it still up to you if you could manage to take profit that's good and if not well I hope it's a lesson that you should only invest when the price is low.

shoreno

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you already saw it happen before . that actually answers your own question but if you ask us if we can go for this price the answer can be 60 over 40 because i feel that there are more hodlers on here and are afraid to risk on higher price compare to those big investors that are willing to buy in higher prices .

the situation can changed and wont copy exactly the same event last 3 years ago . this gives those 60percent of afraid hodlers to think twice and maybe they consider buying some more in addition to what they have

NewRanger

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Quote from: terizla on November 22, 2020, 07:31:30 AM

I can't say it the good time but you must careful to buy bitcoin now because next month is Christmas and New Year. Maybe in this time Bitcoin price will more up and down. This is always happen in every last year.

in christmas usually traders or investors close some their trade position that used for holiday.but current situation different now, in pandemic situation i am sure in many recreation place will close temporary to avoid virus dissemination. and i am pretty sure this year cryptocurrency will still survive and less investors dumped their asset to christmas reason. hold will be their decision when looking market confidence.

Farma

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Quote from: joseyphil82 on November 22, 2020, 05:01:31 AM

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?

I'm pretty sure there are still people who will or want to take advantage of this moment. most likely, they will probably wait for the bitcoin price to hit $ 20k. Well, we don't know how close people are these days. Even for now, I still hold onto the assets that I own even though I know that the events of 2017 or 2018 could happen again.

Hypnosis00

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I can see some and probably those who haven't know yet about Bitcoin but for us who have been in this situation and learned already in the last Bullrun, I don't think there is someone who can dare to do it.

Not to say that we are on the negative side thinking the hypes it burst but that was the possible case scenario. No one will dare to neglect that since those who are in the market 3 years ago can tell their losing stories and bad experience.

Mauser

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Quote from: joseyphil82 on November 22, 2020, 05:01:31 AM

Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?

The thing with bitcoins is that no one really knows the accurate price for bitcoins. Some people already say that a price of 100, 000 USD is possible for next year. If you really want to be invested in crypto currencies I would recommend only to buy with 1/4 of your balance bitcoins tight now,then you could buy with another quarter right before or after Christmas. And next year you could do the same. It's better to buy over multiple months in my opinion than all at once.

KnightElite

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People always think that they are already late, it is also happened in 2016 where the ath of the bitcoin is still at $1000 and there are people who considered that they already late where it is not true because if you will look at the price it is now reaching the $20,000 per each. For those who still do not have any plan to make investment in bitcoin or in some altcoins, it is better if you re evaluate your plan because there are still opportunities in the market. For me right now is the acquiring phase where we should now get bags of altcoins as much as we can for us to maximize the opportunities that we can get.

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