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Topic: Is this right time to invest in Bit Coins (Read 456 times)

sr. member
Activity: 994
Merit: 257
October 31, 2019, 01:40:20 PM
#52
There are a strong prediction and rumor that Bitcoin will hit 11K USD this time, so, you may buy Bitcoin at this current price if you haven't yet! Bitcoin has much good news, more big people involving it. So, buying Bitcoin is the best decision in crypto!
That is yet to be seen, the sudden growth of bitcoin took everyone by surprise and while the price was close to hit 11,000 dollars we have yet to see a close price above 10,000 this may not seem like a big deal but it is, 10,000 dollars is a great psychological barrier, if bitcoin is unable to break it during the next days you can be sure the price will go down and will return to a price close to 8000 but if we can go above that price then 11,000 could be easily surpassed.
hero member
Activity: 2114
Merit: 619
October 28, 2019, 08:10:01 AM
#51
Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

Markets are uncertain especially the crypto market ranks on top when it comes to volatility. No one can really tell you when is the right time to invest in BTC but I think that one right time to invest in BTC was 9 years ago and the other best is now. This now is constant even if you read this post in future. It's because BTC is very useful by bringing enhanced security and transmission of funds over distances. This utility along with it's limited supply will always be boosting it's price further up. But as this market is very volatile and I would say insecure you should only invest what you can afford to lose and nothing more than that.
sr. member
Activity: 700
Merit: 250
October 28, 2019, 06:37:48 AM
#50
There are a strong prediction and rumor that Bitcoin will hit 11K USD this time, so, you may buy Bitcoin at this current price if you haven't yet! Bitcoin has much good news, more big people involving it. So, buying Bitcoin is the best decision in crypto!
I think no one is said it will hit 11k USD on this bull run, because they ask 40 days before and they understand the market stability. Bitcoin is a forever trusted crypto currency so anyone can buy and hold for long term because it makes unexpected profit. Majority of the beginners are still interested in BTC investment so it will cross the 11k USD at upcoming months.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
October 27, 2019, 11:41:15 PM
#49
There are a strong prediction and rumor that Bitcoin will hit 11K USD this time, so, you may buy Bitcoin at this current price if you haven't yet! Bitcoin has much good news, more big people involving it. So, buying Bitcoin is the best decision in crypto!
legendary
Activity: 2282
Merit: 1023
October 27, 2019, 01:07:25 PM
#48
For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.
If you are looking to profit in any market you are bound to invest when the market is going down and not when the market is moving higher and hence i did not understand what you mean by the market is bad when the price is hovering above $9k, day trading is profitable if you are an expert in the market and you employ bots to monitor the market situation, if not you are not going to make any money in the short term.
sr. member
Activity: 1190
Merit: 306
October 27, 2019, 12:52:05 PM
#47
Bitcoins (FTFY, it's one word)
Thank you for saying that.  It's a mistake that not even a newbie should make.

With the coin's sudden hype people are still hesitant to make up any further investment in the coin as many are considering this to be just a temporary pump.
That might well be true, but bitcoin is now at $9600 and that's even higher than it was yesterday.  Might be a touch of FOMO going on here so traders are obviously buying and they should.  The second to last time that bitcoin was above $10,000 I kept telling myself that every time it dropped below that point it was a good time to buy in and I still think I'm correct. 

I couldn't say for sure that the market is going to surge above that level tomorrow or the next day, but it's coming.  It was a good time to buy bitcoin when op started this thread and it's still a good time now.
legendary
Activity: 1974
Merit: 2124
October 27, 2019, 12:46:35 PM
#46
Right now is very difficult to know what we should do, it is easy to think the price will continue to go up and that is a strong possibility but when you begin to think about what could have caused such a fast recovery in the price I do not find a reason, and it is entirely possible the price could go down as fast as it went up, personally I would prefer to see the market growing slowly and in a constant way to avoid any future crashes but it seems this market is destined to go through periods of pump and dumps like right now.
With the coin's sudden hype people are still hesitant to make up any further investment in the coin as many are considering this to be just a temporary pump. But I believe the price from here will continue to grow and we can expect a major rally hitting the market before the year's end. So, I think it would be a smart to invest in it right now as next year we are also having the BTC halving and the price would be sky-rocketed after that...
legendary
Activity: 2534
Merit: 1338
October 27, 2019, 11:59:28 AM
#45
For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

If you bought at the dip at $7.5k those past few days and have sold at $10k today then, it will be a big profit for you in just few days, and I am one of those who benefited from it. Bought some amount then sold when I wake up this morning, I earned $40, not big amount for others but for me a big help as I just did it in short term only.
Yeah, it was just two days back when the price was below 7.5k$ and today it managed to reach 10K$. I personally feel the good times for the crypto are coming and if you are thinking to make a purchase then don't delay any further as I don't think the price would decline any further from here. However, it is still quite hard to assume whether it is the beginning of a bull run or just another short-termed rally...
Right now is very difficult to know what we should do, it is easy to think the price will continue to go up and that is a strong possibility but when you begin to think about what could have caused such a fast recovery in the price I do not find a reason, and it is entirely possible the price could go down as fast as it went up, personally I would prefer to see the market growing slowly and in a constant way to avoid any future crashes but it seems this market is destined to go through periods of pump and dumps like right now.
sr. member
Activity: 1638
Merit: 261
October 26, 2019, 09:31:21 AM
#44
For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

If you bought at the dip at $7.5k those past few days and have sold at $10k today then, it will be a big profit for you in just few days, and I am one of those who benefited from it. Bought some amount then sold when I wake up this morning, I earned $40, not big amount for others but for me a big help as I just did it in short term only.

$40 is not a small amount for overnight profit and I believe it's good for short term profit. This is not an appropriate time for even short term trading in my point of view as it's too volatile and only the market research or cautiousness cannot help us here as we need little bit stability to jump in. But we an definitely consider these market situation best suitable for risk investment as there are chances of more profit only if you are willing to take risk.
legendary
Activity: 1974
Merit: 2124
October 26, 2019, 09:10:27 AM
#43
For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

If you bought at the dip at $7.5k those past few days and have sold at $10k today then, it will be a big profit for you in just few days, and I am one of those who benefited from it. Bought some amount then sold when I wake up this morning, I earned $40, not big amount for others but for me a big help as I just did it in short term only.
Yeah, it was just two days back when the price was below 7.5k$ and today it managed to reach 10K$. I personally feel the good times for the crypto are coming and if you are thinking to make a purchase then don't delay any further as I don't think the price would decline any further from here. However, it is still quite hard to assume whether it is the beginning of a bull run or just another short-termed rally...
sr. member
Activity: 770
Merit: 253
October 26, 2019, 08:32:19 AM
#42
For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

If you bought at the dip at $7.5k those past few days and have sold at $10k today then, it will be a big profit for you in just few days, and I am one of those who benefited from it. Bought some amount then sold when I wake up this morning, I earned $40, not big amount for others but for me a big help as I just did it in short term only.
legendary
Activity: 1946
Merit: 1137
October 24, 2019, 03:49:07 AM
#41
For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.

altcoins have been "decreasing" for almost two years now and that is not going to change. in long term all of them get dumped hard. you should never even consider them as "investments" in first place.
as for bitcoin, the market is currently ONLY bad for day traders because they can not predict the SHORT TERM direction in which bitcoin may go not for "investors". for them it is the best time they can hope for to start investing in bitcoin because it is in a dip.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
October 24, 2019, 03:11:52 AM
#40
For now, is not appropriate if you want to choose a long-term investment. Because the current market is very bad.
Not just Bitcoin but altcoins also decreased and increased unconducive. For short-term do day trading to take profit.
full member
Activity: 694
Merit: 108
santacoin.io
October 23, 2019, 03:01:37 PM
#39
Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks


I think that may depend on your plan whether are you buying bitcoin for long-term or short-time. If you are buying bitcoin for long-term you don't have to worry about the current bitcoin price since you are going to HODL for the long-term, you can buy bitcoin anytime. But if you are buying bitcoin for the short-term now is not a good time because the bitcoin price falling down, it is better to wait until January 2020.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
October 23, 2019, 02:49:36 PM
#38
If I were to make a prediction now based on the recent move I'd say we are at the bottom. If we go to 6k we'll break the long term trendline we've been following for years. This happening before the halving would be very strange. Since I always follow the news and the fundamentals and not the short term TA like traders I see value above 10k USD and this is where we should be sitting right now. 8-12 k would be very reasonable. 6k not so much. If you buy now you'll enjoy life next year.
sr. member
Activity: 2506
Merit: 368
October 23, 2019, 01:01:15 PM
#37
Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

Each time we asked the same question and the answer remain the same that its good when you decide to invest in bitcoin when prices start to dump and then hodl until they rise to certian level to cash out profits.Now the prices are at $8.2k you can buy or wait for another correction because we will hit price surge by end of this year and will rise approximately to $12-$15k crossing $10000 zone.So invest in it before its get too late.
I think why a lot of people are asking the same question everytime when there is a price correction and it makes me think that they are not certain with what they just saw. Although if you are an old member here in the forum, you will know what is really happening in the market.

So for those who aren't so sure when to invest in Bitcoin must have to learn the basics first of trading. By doing that, you will know how the market moves and what are the reasons behind it by looking the news and articles.
sr. member
Activity: 630
Merit: 265
October 23, 2019, 11:33:53 AM
#36
Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

In my own opinion, evey time is the right time to invest in bitcoin because a lot of people have been given a great opportunity after they invest their money in bitcoin that they start earning huge profit from it, and they could now do the things that they didn't do before they invest their money in bitcoin. So you should invest before it's too late.
sr. member
Activity: 910
Merit: 254
October 23, 2019, 09:44:27 AM
#35
Hi All,

I am new here and i want to Is this right time to invest in Bit Coins.

Please assist me.

Thanks

Each time we asked the same question and the answer remain the same that its good when you decide to invest in bitcoin when prices start to dump and then hodl until they rise to certian level to cash out profits.Now the prices are at $8.2k you can buy or wait for another correction because we will hit price surge by end of this year and will rise approximately to $12-$15k crossing $10000 zone.So invest in it before its get too late.
hero member
Activity: 2562
Merit: 586
October 23, 2019, 09:02:52 AM
#34
Right now is the right time to invest in bitcoin because if not, when will you invest? As of now many people start doing investing in bitcoin simply because of the cheap price on the market and the current price of bitcoin is around 8000$+. You might regret if you're not going to invest in bitcoin and I know in the year 2020 or 2021 the price of bitcoin will step again in the price of 20000$. If I were you, I will not waste my time in nothing andI will just focus on investing in bitcoin.
Some of them are still lost in this believe that bitcoin will still drop to somewhere around $6000 and this is the news that has been making round the internet as regards bitcoin, and I don’t know why people are still not wise not to listen to some of these speculations as they have no strong fact that is backing it up.

That was exactly how some people lost out of buying bitcoin at $5000 when it suddenly made a drastic move towards there and many of them where speculating of bitcoin correcting back to $3000 and since then, they have all been waiting for bitcoin to drop down to that amount and never even got a chance to invest which I believe that these are still the group of people that are trying to create panic so that their dream can be achieved and people should be very careful falling into the trap, now is the best time to invest in bitcoin.
sr. member
Activity: 1120
Merit: 255
October 21, 2019, 11:56:05 AM
#33
Yes, it's a fine time. With a halving due in less than a year, I'd say the price stands a good chance of increasing in the medium term and BTC is highly expected to break through $ 9,000 at any given moment and $ 10,000 during the winter. the current rate is $ 8,000 - 8,300. Which means that within the next 3-4 months, you could easily gain 20-25%.

But nothing is a given and nothing is guaranteed. It can go the other way, although current volumes and price trend points strongly towards a bullish market ,meaning that BTC value is in a period of rising. And remember, when asking about price, time and strategy, you'll find plenty of opinions and very little in terms of technical arguments and nothing in terms of guarantees.
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