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Topic: Is it the right time to invest in cryptocurrencies? - page 7. (Read 2047 times)

sr. member
Activity: 1638
Merit: 255
I have been following the markets for about 6 months and I have decided to make serious investments in BNB. I've been hearing and reading comments about BNB that it will be pumped to $800 levels in the half term of 2022.
BNB is one of the very good coins I rely on. I think you are right to have invested in BNB, because I have also profited many times from BNB. The BNB community is very strong, it could indeed be that in mid-2022 BNB will  pump. But whether it's going to get to the $800 mark, no body knows. But everything is possible in crypto.
member
Activity: 196
Merit: 34
I have been following the markets for about 6 months and I have decided to make serious investments in BNB. I've been hearing and reading comments about BNB that it will be pumped to $800 levels in the half term of 2022.
legendary
Activity: 2394
Merit: 1358
I certainly think this time around can be good point to buy some top 100 altcoins from coingecko's list. I can answer why, there is shyness towards Bitcoin in market right now as bulls are losing anytime supports are tested. But for once, it will be tested but bulls will win. I feel like we may be going to that soft point. When Bitcoin bulls win against bears, altcoins will quickly start gaining more market cap. That's why I still don't sell my Ethereum.
jr. member
Activity: 1876
Merit: 5
In my opinion, now is the time to invest in cryptocurrencies. Especially now, a large number of countries are still experiencing an economic crisis due to a global pandemic. And at this time, when all the countries are fighting this disease, there is an amazing opportunity to invest in cryptocurrency. And I consider it an excellent investment project to invest in the BNB coin, as this coin shows good prospects for the future.
hero member
Activity: 2786
Merit: 646
If not now then when? There is no right time for crypto investment that acts as a guide, anytime you have the resource to invest in crypto is the right time, although it won't be wise to invest during ath, reason why this very period when the market is at the bottom is the perfect time for new people to join.

I wouldn't say that this is the best time to invest. The entire cryptocurrency market is currently in a downtrend. In such a situation, I think it is better to wait at least a week or two for the situation to calm down. Of course, it's always good to buy when prices fall, but in this situation we don't know how much more they can fall.


yes, you are partially right, but isn't this the same when rising? We do not know how much higher it will rise. if you don't have a target win rate you can lose in these situations. I associate this event with your good calculation of where and when you need to get on and off the train you will take illegally.
Put up goals and targets so that it wont really be leaving you with regrets once the market would make out some U-turn as always be that's why you should be wise and be more realistic.

Right time is always been speculative because we don't know on when things do happen that's why skills and experience would be your best teacher on these times which

would differ on each investors here on the market.Invest and pull out profits if you needed too but if you do go for long term then these things wont be an issue.
member
Activity: 196
Merit: 34
If not now then when? There is no right time for crypto investment that acts as a guide, anytime you have the resource to invest in crypto is the right time, although it won't be wise to invest during ath, reason why this very period when the market is at the bottom is the perfect time for new people to join.

I wouldn't say that this is the best time to invest. The entire cryptocurrency market is currently in a downtrend. In such a situation, I think it is better to wait at least a week or two for the situation to calm down. Of course, it's always good to buy when prices fall, but in this situation we don't know how much more they can fall.


yes, you are partially right, but isn't this the same when rising? We do not know how much higher it will rise. if you don't have a target win rate you can lose in these situations. I associate this event with your good calculation of where and when you need to get on and off the train you will take illegally.
newbie
Activity: 134
Merit: 0
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legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
@op, based on your subject, and from my own experience, no time is the right or wrong time to invest in crypto generally, it is your personal responsibility to decide when is right or wrong for you depending on many factors which concerns or relates to you.
A scenario is.... Imagine we are together and both want to buy bitcoin individually, I am rich and had no problem buying bitcoin at its current price of let's say $40,000, but you, on the other hand think that price range is too high, and you decide to wait for the price to come down a little...
So this is to say that, my right time to invest in crypto wasn't your own right time

So this is why I said that "right time" to invest in crypto is based on your personal view or opinion of the market at that moment and not a general thing.
member
Activity: 196
Merit: 34
It looks like BNB and ETH are rising from the ashes and spring is coming to the crypto market. Everything turned green and the uptrend started. We look forward to the good days of the last period of 2020 and the first quarter of 2021 in 2022.
hero member
Activity: 2002
Merit: 516
If not now then when? There is no right time for crypto investment that acts as a guide, anytime you have the resource to invest in crypto is the right time, although it won't be wise to invest during ath, reason why this very period when the market is at the bottom is the perfect time for new people to join.

I wouldn't say that this is the best time to invest. The entire cryptocurrency market is currently in a downtrend. In such a situation, I think it is better to wait at least a week or two for the situation to calm down. Of course, it's always good to buy when prices fall, but in this situation we don't know how much more they can fall.
member
Activity: 414
Merit: 23
Right. The advice to invest in cryptocurrencies is true when the pandemic conditions hit and BNB is one of the right cryptos to invest in. Actually, investing is not only in the cryptocurrency space that we can do, we can also invest in other sectors, but in my opinion investing in cryptocurrencies is very transparent and challenging.


with the low price now? 


https://coinmarketcap.com/currencies/binance-coin/

Yes BNB is safer and best choice , imagine valuing 500 dollars now and may climb to 1000 dollars or more next year?
When all coin prices on the market are experiencing a decline including Binance Coin (BNB), then it is the right time to buy. BNB is currently at a price below what you mentioned and imagine if at this time we were able to buy in large quantities. Because the opportunity to reach a price above the price you mentioned is still there.
hero member
Activity: 1946
Merit: 502
If not now then when? There is no right time for crypto investment that acts as a guide, anytime you have the resource to invest in crypto is the right time, although it won't be wise to invest during ath, reason why this very period when the market is at the bottom is the perfect time for new people to join.
member
Activity: 196
Merit: 34
It makes perfect sense for BNB to be used as an investment in crypto. Collecting BNB and holding from now on is a good strategy for investing. Because many smart people who are active in investing in crypto definitely do it in addition to other big coins like ETH and BTC. Maybe BTC is too expensive to be used as an investment coin in the middle of a dying economy.

Evaluating the savings for investment purposes as BNB is of course an important and valuable investment. It is very important to be able to buy from the level that BNB has fallen recently.
sr. member
Activity: 533
Merit: 250
I think now is the right time to invest in crypto, because the crypto market is currently in decline, most coins are experiencing a decline, I recommend buying altcoins that have high potential such as ETH, BNB, SOL, and DOT, these altcoins have a great opportunity to can grow in the future, and can bring you profits later.
member
Activity: 1274
Merit: 10
There is some activity in ETH right now. This momentum could result in 10% growth. I saw a commenter write that the Bear season has moved on. But I definitely think we are in Taurus.
yes I hope this bear season pulls back longer, I want this bullrun to continue. I get a position to protect assets from the red market, when bitcoin reaches the bottom of 30,000$, we get ready to make our assets USDT. before bitcoin hit another 10k price. it's really going to be a long coming bullrun season next year.?
hero member
Activity: 952
Merit: 503
I generally act like this when investing. I set aside a budget for myself, I invest some of my budget. If the crypto I traded has lost value, my next purchase will be the crypto whose value has decreased the most.
For now almost everything has decreased, but if you think what cryptocurrency has decreased so much for now so I personally can also know that what you see is the most declining even though in general everything has decreased now.
member
Activity: 196
Merit: 34
I generally act like this when investing. I set aside a budget for myself, I invest some of my budget. If the crypto I traded has lost value, my next purchase will be the crypto whose value has decreased the most.
legendary
Activity: 3094
Merit: 1127
There is some activity in ETH right now. This momentum could result in 10% growth. I saw a commenter write that the Bear season has moved on. But I definitely think we are in Taurus.
10% growth doesnt indicate that the trend is changing yet i would rather see it as a normal day here on crypto space but doesnt indicate that we are changing on bull run but well its not
an assurance because no one could predict out on what would happen on this year 2022 if we do see new ATHs or we would experience long bearish trend which hopefully that wont
happen on this year or more years to come.We do need more adoption and recognition and this is where we should focused on because price would go along
as we do see these factors do rises up.
member
Activity: 196
Merit: 34
There is some activity in ETH right now. This momentum could result in 10% growth. I saw a commenter write that the Bear season has moved on. But I definitely think we are in Taurus.
member
Activity: 672
Merit: 10
umachit.fund
Binance Coin (BNB) is indeed a good coin and its potential in the future will also be good. The BNB hold must meet the target and I hold it at 30% of the current price. When it is achieved. At least in 2022 my target on BNB can be achieved.
In 2022 it is still not completely certain whether BNB will continue to improve or not because there are several issues that next year there will be the use of other better and more profitable networks such as Matic so that this will become a new competition for BNB even though Matic will not win right away in this case.
The competition will still be there and I think that is good for the development of a coin like BNB.
If there are so many uses of BNB today, how else should people believe that the potential of Binance Coin (BNB) will be good in the future, especially in 2022. Indeed, things that are impossible to happen can happen.
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