If you've just bought bitcoin on January 15 when you've made and asked through this thread, you're already in profit. Price back then was $20k and price currently is $23k and trying to hit $24k any time now.
Those that have worries upon buying now or so. You should just take action and be accountable to your own decision so that you're the only one that's going to look at the lesson and the profit that you'll get.
Topic: Is it safe to buy now? - page 4. (Read 1664 times)
No expert can give guarantee about Bitcoin. An investor has to invest with risk according to his situation.
True. No one can guarantee the Bitcoin price. Even Satoshi may be difficult to predict the Bitcoin price since it is volatile and decentralized. Sure, everyone who invests in Bitcoin must deal with the risks, they must know well about the market trends.If an investor is well aware of the bearish and bullish side of bitcoin or cryptocurrency then he can exploit it and make good out of it. It is still a good time if you intend to invest for the long term. However, caution should be exercised before investing in any market position.
Knowing about the bearish and bullish is a must for every investor, so they understand when to buy or sell their Bitcoin (entry & exit). It is the basic thing to know, so I'm pretty sure that all the Bitcoin investors are familiar with the term "bearish and bullish". The problem is, not every investor trusts it 100%, those who have weak trust may panic whenever there is a huge drop in Bitcoin price. There are many investors who sold their Bitcoin because of panic, they failed to reach the bullrun season.Investing doesn't need to be complicated.
Absolutely, just enjoy the process - buy low and sell high. It was just an option whether we hold long-term or short-term but what is most important is that we can earn money. In fact, it is an individual strategy for how to make it.Quote
The only thing that you need to figure out is if which term will work for you the most. It was trading are the real ones who are complicated but we can also do it if we want more challenge and if we want to possibly increase our income potential.
Meaning, do the things that we think we fit on it. We can't urge ourselves to do the task that we feel we can't or just only fail but rather choose the option that we know can help us and benefit the results. Perhaps, we are taking a risk and we should have to do something in order to reach the goal. Bitcoin can be purchased at any time. but still, an investor will need analysis to determine their investment planning properly. determine future buy and sell prices. as well as the right time frame. maybe you implement a simpler investment system. buy cheap and sell high. it can be applied if indeed new investors have strong patience. which I guess not all beginners have.
Start with short or medium-term investments. it would be better for a beginner. even though it doesn't have a big advantage, the experience gained will be quite valuable as a start for a bigger step.
It can be if you decide to go long-term because you can endure any drop in its value. When there's a dump, you won't sell but you will only buy more. For those who are into shorter terms, they will sell early even at the dip so it's advisable for them to buy only when the value of Bitcoin is dumping so that it won't take them a long time to see an increase. Investing doesn't need to be complicated.Start with short or medium-term investments. it would be better for a beginner. even though it doesn't have a big advantage, the experience gained will be quite valuable as a start for a bigger step.
The only thing that you need to figure out is if which term will work for you the most. It was trading are the real ones who are complicated but we can also do it if we want more challenge and if we want to possibly increase our income potential.
I think that safe safe buying is not a way to say it, because the Bitcoin market is known to be very volatile, it would be irresponsible to say that the safest time to buy is now, because the market can go down without realizing it, so comparing it with another Market stage I think it is time to buy, I think that now we must make a sketch of what can happen in a while, around 2024 I already think that it could be above the $70k that was its last ATH, then these things are what must be taken into consideration to invest, in addition to the fact that the money invested in Bitcoin will never be a bad decision.
If you are a long-term investor, then I think this is the perfect time to buy, even if the bitcoin price drops again it's not too scary as long as you hold your bitcoin, you never lose because you also know bitcoin always recovers. But if you are afraid of bitcoin falling deeper but decide not to buy and bitcoin will not decrease but will increase, you will regret it even more because you will buy at a higher price than the current price. Looking at the ATH bitcoin will reach during the next bull season, you can see that the current price is the best.
I think that the safety of shopping for quite a long time is unlikely to have changed dramatically. More critically, as for me - the general situation on the market, which can answer the question - is it worth buying now?
Let's take into consideration that you a newbie and don't know what type of coin to buy. You asked this community for advice,first of all what is the name of this community, have you ever heard of any other crpytocurrency since 2009 till date that is still surviving ? Bitcoin is the best and most valuable crptocurrency that can save you from assest depreciation if you can invest for a long term one, other altcoins might not be able to survive in the long run,which will lead to their crashing. You can buy btc anytime,it is not by red or green signal in the market that should decided your purchase,because sometimes those color doesn't mean anything about the price. Moreover,are you going into trading ? If not then btc can be bought anytime,bull or bear market
yes, Bitcoin can be purchased at any time. but still, an investor will need analysis to determine their investment planning properly. determine future buy and sell prices. as well as the right time frame. maybe you implement a simpler investment system. buy cheap and sell high. it can be applied if indeed new investors have strong patience. which I guess not all beginners have.
Start with short or medium-term investments. it would be better for a beginner. even though it doesn't have a big advantage, the experience gained will be quite valuable as a start for a bigger step.
It can be apply and it will bring decent benefits if you can patiently wait while holding your assets, it's just so happen that each time the market experienced huge downfall there are many holders that quickly sell and allow to suffer from big losses, like you mentioned, you need to have a good preparation both with your finances and your mental capabilities.
Volatile market can bring a quick pump and dump which you need to learn how to adjust and adopt to have a proper judgement with your decision making.
I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
Just a kind advice, the risk is mine.
the current price of cryptocurrencies according to my analysis is very cheap and very worth it to buy, Just a kind advice, the risk is mine.
moreover some of the altcoins that you can buy cheaply on Binance such as CKB, GALA, and Jasmy are altcoins which are fundamentally very good but are still very cheap,
of course this is a good opportunity to buy it, and don't worry your money will be safe on Binance.
Let's take into consideration that you a newbie and don't know what type of coin to buy. You asked this community for advice,first of all what is the name of this community, have you ever heard of any other crpytocurrency since 2009 till date that is still surviving ? Bitcoin is the best and most valuable crptocurrency that can save you from assest depreciation if you can invest for a long term one, other altcoins might not be able to survive in the long run,which will lead to their crashing. You can buy btc anytime,it is not by red or green signal in the market that should decided your purchase,because sometimes those color doesn't mean anything about the price. Moreover,are you going into trading ? If not then btc can be bought anytime,bull or bear market
yes, Bitcoin can be purchased at any time. but still, an investor will need analysis to determine their investment planning properly. determine future buy and sell prices. as well as the right time frame. maybe you implement a simpler investment system. buy cheap and sell high. it can be applied if indeed new investors have strong patience. which I guess not all beginners have.
Start with short or medium-term investments. it would be better for a beginner. even though it doesn't have a big advantage, the experience gained will be quite valuable as a start for a bigger step.
Let's take into consideration that you a newbie and don't know what type of coin to buy. You asked this community for advice,first of all what is the name of this community, have you ever heard of any other crpytocurrency since 2009 till date that is still surviving ? Bitcoin is the best and most valuable crptocurrency that can save you from assest depreciation if you can invest for a long term one, other altcoins might not be able to survive in the long run,which will lead to their crashing. You can buy btc anytime,it is not by red or green signal in the market that should decided your purchase,because sometimes those color doesn't mean anything about the price. Moreover,are you going into trading ? If not then btc can be bought anytime,bull or bear market
I think that safe safe buying is not a way to say it, because the Bitcoin market is known to be very volatile, it would be irresponsible to say that the safest time to buy is now, because the market can go down without realizing it, so comparing it with another Market stage I think it is time to buy, I think that now we must make a sketch of what can happen in a while, around 2024 I already think that it could be above the $70k that was its last ATH, then these things are what must be taken into consideration to invest, in addition to the fact that the money invested in Bitcoin will never be a bad decision.
If you are a long-term investor, then I think this is the perfect time to buy, even if the bitcoin price drops again it's not too scary as long as you hold your bitcoin, you never lose because you also know bitcoin always recovers. But if you are afraid of bitcoin falling deeper but decide not to buy and bitcoin will not decrease but will increase, you will regret it even more because you will buy at a higher price than the current price. Looking at the ATH bitcoin will reach during the next bull season, you can see that the current price is the best.
If you didn't buy the last bearish price, you can still buy right now because the market is still trying to approach its recovery phase. It is not too late to buy especially if your goal is to hold for a long-term investment. It's still safe to buy and the opportunity to invest is still open for everyone. The bullish season isn't happening yet and it may still take time. It will only be unsafe to buy during the bull trend.
I think that safe safe buying is not a way to say it, because the Bitcoin market is known to be very volatile, it would be irresponsible to say that the safest time to buy is now, because the market can go down without realizing it, so comparing it with another Market stage I think it is time to buy, I think that now we must make a sketch of what can happen in a while, around 2024 I already think that it could be above the $70k that was its last ATH, then these things are what must be taken into consideration to make the investment, in addition to the fact that the money invested in Bitcoin will never be a bad decision.
If you are a long term investor, then I think this is the perfect time to buy, even if bitcoin price drops again it's not too scary as long as you hold your bitcoin, you never lose because you also know bitcoin always recovers. But if you are afraid of bitcoin falling deeper but decide not to buy and bitcoin will not decrease but will increase, you will regret even more because you will buy at a higher price than the current price. Looking at the ATH bitcoin will reach during the next bull season, you can see that the current price is the best.
Despite the price of bitcoin have gone high I don't think it is not right to still buy now, the price of bitcoin is still fair and affordable to buy. Based on past experience of the market price it is very certain that price of the market is going to a profitable amount. It is still safe to bitcoin and hodl, no need to fear about it.
This is just a fraction of what the bull market holds for Bitcoin, it rise is nothing compared to what is to come in the future so yes it's a good time to invest in Bitcoin. This is just the start of the year and investing by this time is a good measure of how profitability the year will be for you. The year started on a positive note so investors would be expecting the year to also end on a positive note.
Bitcoin Price could dump in the coming weeks as traders take their first profit of the year but that shouldn't scare you because it would recover before the first quarter of the year ends. The market is volatile only when you invest more than you can afford to lose so always stay on budget.
I think that safe safe buying is not a way to say it, because the Bitcoin market is known to be very volatile, it would be irresponsible to say that the safest time to buy is now, because the market can go down without realizing it, so comparing it with another Market stage I think it is time to buy, I think that now we must make a sketch of what can happen in a while, around 2024 I already think that it could be above the $70k that was its last ATH, then these things are what must be taken into consideration to make the investment, in addition to the fact that the money invested in Bitcoin will never be a bad decision.
I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
Just a kind advice, the risk is mine.
Just a kind advice, the risk is mine.
Bitcoin has gone up to $23k, and many people are making predictions bitcoin will continue to rise, I don't know if that will happen or not. But I can tell you that at the current price, it is still very good to buy bitcoin, the price is still very cheap if we compare its recent ATH. Assuming bitcoins don't go up as people predict, you don't need to worry because if bitcoins fall again and you won't lose as long as you don't sell them, you won't lose. But my advice, buy bitcoin and bitcoin only, and say no to altcoins.
Same reactions and only regrets will be similar after some time, traders should also need to be a risk taker, like what you have just said, if you bought your assets for long-term investment, there's nothing to worry as time will come and the strong bull will pump the market and will bring huge benefits to all those who patiently wait.
It's more on how you take your decision after doing all the research that you needed that will help you in completely understand the
investment that you are involved.
I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
Just a kind advice, the risk is mine.
Just a kind advice, the risk is mine.
Bitcoin has gone up to $23k, and many people are making predictions bitcoin will continue to rise, I don't know if that will happen or not. But I can tell you that at the current price, it is still very good to buy bitcoin, the price is still very cheap if we compare its recent ATH. Assuming bitcoins don't go up as people predict, you don't need to worry because if bitcoins fall again and you won't lose as long as you don't sell them, you won't lose. But my advice, buy bitcoin and bitcoin only, and say no to altcoins.
I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
I know everyone will tell you to go for BTC, and I am no different. I will also suggest BTC. If you want to enjoy the true meaning of crypto then Bitcoin is the best choice. This goes for choosing the right coin. Now let's talk about risk.
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Just a kind advice, the risk is mine.
Many newbies and pros also tend to enter the market when it's all green. But when it's red, they fear of losing more. They don't see the bigger picture. If it's red, it will be green again. The same goes for green markets. You can not predict the market's movement 100% accurately. There's always the chance of the market going the opposite direction. I have seen it happen many times. And the recent market situation is very unstable. It could fall at any time or get a correction to get stable at a low point. If you are willing to invest right now, then you will have to take DCA seriously. That's how you can keep the value of your assets at a stable position.
The rest is up to you. Remember, bear market is not a bad thing. It's an opportunity.
I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
Just a kind advice, the risk is mine.
Just a kind advice, the risk is mine.
Bitcoin has gone up to $23k, and many people are making predictions bitcoin will continue to rise, I don't know if that will happen or not. But I can tell you that at the current price, it is still very good to buy bitcoin, the price is still very cheap if we compare its recent ATH. Assuming bitcoins don't go up as people predict, you don't need to worry because if bitcoins fall again and you won't lose as long as you don't sell them, you won't lose. But my advice, buy bitcoin and bitcoin only, and say no to altcoins.
Buy now and hold. If you buy now for tomorrow, the price will be double what it is today in terms of affordability. Buy now because no matter what happens, you know you are standing on the right side of history. If you approach your purchase with a long-term perspective, you will have no regrets. And you do not need to buy all at once - strategically invest some money daily, weekly, or monthly as you see fit.
Despite the price of bitcoin have gone high I don't think it is not right to still buy now, the price of bitcoin is still fair and affordable to buy. Based on past experience of the market price it is very certain that price of the market is going to a profitable amount. It is still safe to bitcoin and hodl, no need to fear about it. I observed that the cryptocurrency market is a kind of green at the moment, but as a beginner, I still find it difficult to tell when the market is actually bullish. I will appreciate any advice from fellow community members concerning this current situation because I'm considering to buy some coins but finding it difficult to decide on which coin to give a trail.
Just a kind advice, the risk is mine.
I couldn't say that we are totally safe from investing in crypto as we can't assure of it but I would say that buying today still makes us profitable in the future. Actually, the result of our investment lies in our hands - the way we decide when to sell and the courage to hold until the next bull season. Just a kind advice, the risk is mine.
The only thing I can say is to buy potential coins like Bitcoin, ETH, and BNB. Although we can't say that you are safe from having them, however, if you can manage to hold them and never touch them until the next Bullrun - you really never be disappointed and I can assure you of a huge profit to get.
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