Is now a good time to be investing in Bitcoin? - page 11.

livingfree

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Quote from: luckyrichh on February 27, 2022, 03:55:45 AM

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

Bitcoin has been through many world issues.

If you're doubting to invest due to that factor, stay and wait for more action from the market so that you're going to have yourself positioned for a good time to invest.

But as many would like to tell you to invest with what afford you to lose, DCA is one strategy that you can do whether there is or none world issues going on.

ethereumhunter

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Quote from: luckyrichh on February 27, 2022, 03:55:45 AM

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

The price of bitcoin is low right now but you should know that bitcoin can go down again at any time. But if you want to buy bitcoin, you can buy it anytime, especially when the price is going down a lot. The price of bitcoin will go up again in the future so if you buy now or every time the price goes down, you can make a profit. You just need to be careful before buying bitcoins and make sure that the price is below to buy more satoshi. No one will know when the price will go up or down.

Coyster

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Quote from: luckyrichh on February 27, 2022, 03:55:45 AM

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

Phew, i really have been expecting threads of this type following the invasion of Ukraine by Russia, to answer your question: no one has a definite answer to that, Bitcoin was already somewhat low even before all of tussle started, and there haven't been any significant movement (either up or down) since the battle began, so no direct effect as of yet. Having said that, talking about post-conflict, it could possibly have a positive effect on the network, i saw a post that seemed to suggest the Ukrainian government asking for donations in Bitcoin (i do not know if it is legitimate), but then it could mean exposure for Bitcoin and possibly more adoption and trust.

If you want to invest in Bitcoin, just pick a suitable strategy, preferrably DCA and invest, Bitcoin is a long term project so it is always a good time to invest if you are a long term investor, and remember whatever fears you have about the 'war' wouldn't really matter in the long run, when things settle

jhonjhon

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Quote from: luckyrichh on February 27, 2022, 03:55:45 AM

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low,

I think so..Buy when the price goes down and sell when its up. And I think this is the best time to buy since the price of bitcoin are pretty low. I guess its 38k.But before you buy, make sure you can afford to invest and are relatively comfortable with volatility and risk.

Quote from: luckyrichh on February 27, 2022, 03:55:45 AM

will it soar if the whole war is resolved again? What is your opinion? Thank you.

Of course it is. Lets just be optimistic.

YOSHIE

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Quote from: luckyrichh on February 27, 2022, 03:55:45 AM

Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

You know Europe, America, Russia and several other countries, especially Europe, countries that affect the world/global economy, factors that affect countries that have high currency values, namely the economy, you know Bitcoin is currently falling, of course there is at least an influence on developments that are happening at this time.

Meaning: if you say it's worth investing in I will answer very well, sure or not sure, for sure if they both finish the Bitcoin war will experience a tremendous increase.

Mahiyammahi

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Quote from: luckyrichh on February 27, 2022, 03:55:45 AM

overall Russian-Ukraine situation in Bitcoin is now pretty low

Invest whenever you wants. If you are looking for short time profit then don't invest it now. But I think buying btc is a great future in forward. Let me say one thing your printing money isn't solution it's time will end soon. Digital currency will lead world. Then come back and tell me what I said. People won't find any btc for buying, it's crazy aha Grin

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For me it is always a good time to invest in Bitcoin because I invest for the long term. I don't care what the price does next week or next month. I invest because I believe in the long-term future of Bitcoin because of its intrinsic characteristics and not trying to guess if it will go up or down in price so I can sell or buy accordingly.

You look at the past, when the Bitcoin price was at $1 and tell me, who do you think made the most money? The one who was able to hold on without selling until the price was much higher (like $100 or $1K) or the one who played roulette?

luckyrichh

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Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.

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