Pages:
Author

Topic: May I buy Bitcoin & Ethereum now? Or I am late? (Read 763 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
that is a question that a lot of people will have at the moment , some people believe that all will happen after the halving but some people say that the halving is already taken into the price of bitcoin at the moment but i believe that a lot more will happen after the halving but i cannot advise you about it because nobody know for sure
The market is completely unpredictable however when there is an event that you know in advance has the potential of making an asset more valuable then the smarter investors will begin to invest in that asset before the event takes place and if enough of those smart investors do the same then the price is driven up and the investors that are not so smart begin to buy because of the fear of missing out not realizing that most likely they have bought at the top once again and they have no chance of making profits as there is no one else to buy those assets.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
Right now i think you should wait for correction because there seems to be one rejection candle on daily chart but we know crypto markets do not always follow technical analysis personally i am bullish long term with corrections and dips on the way up. So it is perfectly fine if you keep accumulating more and more and average down your holdings in usd if you are in for long run.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
What to know now is, first no one can predict the crypto space, secondly a coin like Bitcoin is good for holding. With that being said, Bitcoin had a good growth few days ago and with halving coming soon there is still more room for growth but the accurate price it will hit still remains unknown. Bitcoin isn't like most altcoins which can be played on by the team, it is a coin that is worthy of all attention and as such, in my own opinion, I don't think you are late to buy and hold. Same also applies to Ethereum, being the best altcoin, it also experienced a good growth alongside Bitcoin, therefore one can't be mistaken for saying both still have room for more growth.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
that is a question that a lot of people will have at the moment , some people believe that all will happen after the halving but some people say that the halving is already taken into the price of bitcoin at the moment but i believe that a lot more will happen after the halving but i cannot advise you about it because nobody know for sure
no one knows what will happen in the near future but everyone knows that in the future (in 2-3 years) prices will rise and if you invest today in a year or two you can get huge profit. so I think it's always good idea investing in cryptocurrency
full member
Activity: 1470
Merit: 148
I think late is better than buy right now. Recently Bitcoin and Ethereum huge pump, on the other hand die to corona fevia world economy is very Delicate, so i think it is not high time to buy Bitcoin or Ethereum. Late is Better. 

Although I don't understand your later is better you said, but, don't forget that bitcoin has just experienced some pump and still dangling in between $8k which mean the price will skyrocket in due course without delay. Buying bitcoin right now is the best option for anyone to embark now. What am saying is on the long-term basis and not just buy now and sell tomorrow. What is coming after bitcoin halve few weeks to come is going to be huge and surprise, so, for anyone to belong buy is the last option. Just my personal opinion and not an advise.
legendary
Activity: 2128
Merit: 1775
It's never too late if you want to invest or want to buy Bitcoin and Ethereum.

You need to understand how to trade and invest both long and short term, the science of trading is important for you to be able to profit from the capital you spend.
So nothing is too late when you understand it all.

The important thing is your desire, willingness, capital, do it better for you, good luck trying good luck.
At least you can learn this step: How to Invest in Bitcoin, To start from scratch, but there are many other ways you can use to invest in Bitcoin and other crypto.
jr. member
Activity: 938
Merit: 1
I think late is better than buy right now. Recently Bitcoin and Ethereum huge pump, on the other hand die to corona fevia world economy is very Delicate, so i think it is not high time to buy Bitcoin or Ethereum. Late is Better. 
legendary
Activity: 1932
Merit: 1005
that is a question that a lot of people will have at the moment , some people believe that all will happen after the halving but some people say that the halving is already taken into the price of bitcoin at the moment but i believe that a lot more will happen after the halving but i cannot advise you about it because nobody know for sure
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
People keep asking when is the right time to buy BTC or ETH, the answer depends on your intentions. Do you intend holding long term or trading? If it's for long term hold, now is always the best time to hold some BTC or ETH in my opinion, I might be wrong. But when investing in crypto, risk management is important, do not invest what you can't afford to lose. I remember people who got affected when Parity was compromised some time ago, imagine you invested 70% your entire funds in ETH and stored in parity wallet, you might be a victim of heart attack. That said, if your intention is for trading, always find a very good entry, do not chase green candles unless there is a very strong FA, but always wait for retracement. The funds are yours, the investment is your choice to make. You know the level of risk you can take, it's that simple.
And you can only know that if you have studied the markets and you know which direction you want to take, being an investor is easier because you could literally buy bitcoin at any point in time and if you wait long enough you are sure to get profits, the main difficulty of this is to wait for that long because most people don't have the patience to do that, but if you want to become a trader that is many times more difficult because now you need to find the perfect moment to buy and sell bitcoin and that can be very problematic if you do not have the right knowledge and experience to pull that off.
sr. member
Activity: 644
Merit: 260
People keep asking when is the right time to buy BTC or ETH, the answer depends on your intentions. Do you intend holding long term or trading? If it's for long term hold, now is always the best time to hold some BTC or ETH in my opinion, I might be wrong. But when investing in crypto, risk management is important, do not invest what you can't afford to lose. I remember people who got affected when Parity was compromised some time ago, imagine you invested 70% your entire funds in ETH and stored in parity wallet, you might be a victim of heart attack. That said, if your intention is for trading, always find a very good entry, do not chase green candles unless there is a very strong FA, but always wait for retracement. The funds are yours, the investment is your choice to make. You know the level of risk you can take, it's that simple.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
When bitcoin is below $ 10,000, you can invest in it anytime. Currently, Bitcoin's price is very cheap compared to early 2020 so you do not need to worry, if its price collapses, there is no need to panic. Keep hold and hold for long term because Bitcoin is like digital gold, its value will increase over time
people do not want to understand this. they want to make a profit right after they bought bitcoin. no one is ready to wait and not even ready to figure out what kind of technology it is. greedy investors just don't understand what to do and lose their money
full member
Activity: 1344
Merit: 102
Well you are not late you can still invest bitcoin and ethereum but we don't know how high could hit in the halving, possible bitcoin can hit $10,000 price and ethereum maybe $250, both are good to invest.
full member
Activity: 1246
Merit: 116
I just read an article that bitcoin halving can make a big jump in Bitcoin and Ethereum price. They said Bitcoin can hit 10K USD, and for that, the author described 5 reasons! So, should I buy now or the price is already high? Which will be more beneficial, Ethereum or Bitcoin? Please help me out.

Thank you.

You are never late to invest in crypto currency; the main question that begs answers is your level of preparation, excerps from your research findings, and your estimated time that you expect profits.

Those are the guides, that guide the purchase of any coin; and it is one reason why either there are bull seasons, bear seasons in crypto currency; people always buy; investors always invest
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
nothing is too late, you can buy at any time as long as you sell it at a price that is above the purchase price, which is good enough.
The important thing is the moment when you buy and sell so you don't lose.
So you need to pay attention to the chart to find out the market conditions.
sr. member
Activity: 1274
Merit: 263
You are not late to invest because bitcoin and ethereum did not reach the highest value for this year  it is only warm up I think.
The better for you to invest to the coin as soon as possible because the movement is good and I think it will going to continue.
But if you think it's not the time it's still depends on you if you are buy or wait again to crush.
full member
Activity: 983
Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
I think you are not late for buy bitcoin or ethereum. Especially for ethereum, the price is growing right now and maybe you can have a chance to get profits from there. Then you should buy bitcoin for long term invesment. I believe you will get profits from there.
copper member
Activity: 86
Merit: 1
Bengali Translator, Crypto Video/Article Reviewer
Tanks a lot to everyone who replied here. You guys are the best. By following most of the replies, I bought Bitcoin and a little amount of Ethereum, and I already gained a good profit. Honestly, it's a huge amount for me in this quarantine time. Thank you once again.
copper member
Activity: 593
Merit: 10
maybe it will happen to bitcoin with a $ 10k increase maybe the price of bitcoin is very expensive compared to ethereum. the market increase is very influential on bitcoin compared to ethereum, you should also think about long or short term investments
sr. member
Activity: 868
Merit: 250
Your Data Belongs To You
I just read an article that bitcoin halving can make a big jump in Bitcoin and Ethereum price. They said Bitcoin can hit 10K USD, and for that, the author described 5 reasons! So, should I buy now or the price is already high? Which will be more beneficial, Ethereum or Bitcoin? Please help me out.

Thank you.

depends of what you want. if you want profit in next monday than look for another way to get rich. if you long term investor than buy "now". active will grow or dissapear.
jr. member
Activity: 236
Merit: 4
You should stop thing when is the best time to buy instead buy now and don't look at the price if you really believe it will succeed in the future.
Pages:
Jump to: