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Topic: More Investment to Bitcoin? - page 2. (Read 498 times)

legendary
Activity: 2716
Merit: 1383
September 23, 2021, 11:15:39 AM
#55
what is the current price of bitcoin at $42k, previously the market price had penetrated the price of $52k. if you want to invest in bitcoin right now, because the market price is resistance, the price will probably be pumped again in the next few days. Don't worry about negative issues that bitcoin will fluctuate again, because that's just an assumption from those who are trying to bring down the market price, while reality will talk differently in the future.
And just like that the price is already at 44k, I understand that people panic once in a while but this market moves like that, newbies do not really know this and even traders that come from other markets get scared by the volatility of bitcoin once in a while but once you have passed enough time in this market movements like the one we are seeing are not going to be that odd to you and that is when you can finally have a chance to make money in this market, as you finally have understood its nature.
member
Activity: 588
Merit: 12
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September 22, 2021, 09:44:05 AM
#54
what is the current price of bitcoin at $42k, previously the market price had penetrated the price of $52k. if you want to invest in bitcoin right now, because the market price is resistance, the price will probably be pumped again in the next few days. Don't worry about negative issues that bitcoin will fluctuate again, because that's just an assumption from those who are trying to bring down the market price, while reality will talk differently in the future.
legendary
Activity: 2716
Merit: 1383
September 20, 2021, 11:03:48 AM
#53
If you wait and El Salvador's adoption with Bitcoin is successful then you will buy it at a higher price.
Why wait? Are there other reasons?
IMO, every day is a good time to buy. It's not like Bitcoin will fall back considering how much noise it made for this past few years. I will bet all my Bitcoin that the value of it will just keep on soaring. You just don't know when. It can be 10 years from now or next week.

if we are interested in investing then there is no need to wait for El Salvador to succeed, because we are too late and left behind. but better walk on par with El Salvador and succeed together. Your decisions today will determine your own future.
If a person is thinking on becoming an investor they need to understand a very simple truth, profits are not really made when you sell but at the moment that you buy, if you buy for a bad price then getting profits will be incredibly difficult but if you buy at a good price then profiting from it will be very easy, so if we think that the experiment going on right now at El Salvador will be successful then we need to buy before it reaches that stage and not after.
legendary
Activity: 2464
Merit: 2094
September 19, 2021, 01:38:39 AM
#52
Bitcoin can be purchased at any time without having to wait for the success of any party to invest in it. If the OP is still hesitant to invest in bitcoin, then you should not invest here because if you force yourself to invest without being able to control your emotions due to price volatility, you will lose because of it. It all really depends on the OP himself how and when to determine the right time to invest. Your money is your responsibility and you decide. I just want to say, don't hesitate because bitcoin is the best investment so far at least in the last 11 years if you want to invest long term.
member
Activity: 574
Merit: 25
September 19, 2021, 12:48:44 AM
#51
If you wait and El Salvador's adoption with Bitcoin is successful then you will buy it at a higher price.
Why wait? Are there other reasons?
IMO, every day is a good time to buy. It's not like Bitcoin will fall back considering how much noise it made for this past few years. I will bet all my Bitcoin that the value of it will just keep on soaring. You just don't know when. It can be 10 years from now or next week.

if we are interested in investing then there is no need to wait for El Salvador to succeed, because we are too late and left behind. but better walk on par with El Salvador and succeed together. Your decisions today will determine your own future.
sr. member
Activity: 2590
Merit: 452
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September 18, 2021, 01:22:58 PM
#50
Maybe because the OP doesn't know and hasn't experienced the bitcoin journey and only saw the latest developments why the bitcoin price is currently high, if the OP knows the bitcoin journey he won't wait for further developments to take action.

are you still not clear with the evidence of bitcoin the last 10 years and you have to assess it in the next 10 years which in my opinion does not have to wait for the implementation of bitcoin el salvador to succeed, you better do some research first on the journey of bitcoin and why bitcoin reaches its current price and you will realize that procrastination is very wrong and you will miss the train because no one knows what will happen next because there is always positive news for bitcoin and that will drive up the price.
hero member
Activity: 3052
Merit: 651
September 18, 2021, 09:54:58 AM
#49
If you wait and El Salvador's adoption with Bitcoin is successful then you will buy it at a higher price.
Why wait? Are there other reasons?
IMO, every day is a good time to buy. It's not like Bitcoin will fall back considering how much noise it made for this past few years. I will bet all my Bitcoin that the value of it will just keep on soaring. You just don't know when. It can be 10 years from now or next week.
hero member
Activity: 2814
Merit: 553
September 18, 2021, 08:51:32 AM
#48
Some country are now accepting bitcoin as currency and the billionaires is now hoarding thousands of Bitcoin. Should I wait for the success of El Salvador's implemetation of bitcoin before investing?
I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again?
I just hope I'm not wrong this time.  Huh

Bitcoin has been successful ever since it gained value. Look at how far it has become from almost no value at all.
If you'll have the same mindset in the coming years, you'll never probably invest a single cent because you always think Bitcoin is on it's peak.

Also, just like everyone said, El Salvador's success in accepting Bitcoin doesn't dictate the price of Bitcoin.
sr. member
Activity: 1778
Merit: 294
September 18, 2021, 08:22:23 AM
#47
You never know what will happen in Bitcoin price after this kind of news. Some news affect the price a little in a good way, some don't. And some don't even have an affect on the price. You can make your investment every time you would like. I think that there is no certain "the best time" for Bitcoin. It is near impossible to predict as it is volatile.
legendary
Activity: 2464
Merit: 1102
September 18, 2021, 04:55:56 AM
#46
Bitcoin is clear, whatever you will do with it will certainly not experience any problems. whether you will hold at the current price and hold for the near future or maybe a long time, obviously bitcoin will not make those who hold it will suffer losses because bitcoin will always after the halving will reach renewable ATH.

do not hesitate to invest in bitcoin especially what will happen is that by the end of the year there will be a sharp increase in bitcoin. if you miss it then you will not receive the benefits that are in front of your eyes and it will take a long time to be able to achieve things like today.
The upside of bitcoin is the things you talked about, if you are in the bitcoin world then you will not lose too much, and even if you do end up losing then you will not end up losing for a long time neither, just hold it and you will go into profit once again. That is the great thing about bitcoin and the upside is guaranteed profit in the long run.

But, the downside is that you are in the crypto world and while people are making 10x profits you are getting happy about 10% that you made in the last 2 months. Surely it is good because it is still better than almost any other investment in the world, however it is still not that great of a feeling to see everyone else making insane profits from the small altcoins while you are just making a small profit from the biggest crypto currency in the world. It is an emotional one, so it is easier to overcome that.
sr. member
Activity: 1890
Merit: 333
September 18, 2021, 04:52:14 AM
#45
In the end, it is your opinion and I wouldn't like to affect your decision. But if I were you, I would invest into Bitcoin no matter what. I don't think it is reasonable to wait for a long time to buy some Bitcoin. If you aim to hold your coins for a long term, then you can buy Bitcoin now already as you will most probably make a lot of profit in the long run. And let's say that the price fell after you bought, then there is no problem also. Because you can wait for seeing a low level and buy some more then too.
legendary
Activity: 2492
Merit: 1001
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September 18, 2021, 04:44:48 AM
#44
Some country are now accepting bitcoin as currency and the billionaires is now hoarding thousands of Bitcoin. Should I wait for the success of El Salvador's implemetation of bitcoin before investing?
I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again?
I just hope I'm not wrong this time.  Huh
Well, there's no need to wait for the implementation to be successful before investing in bitcoin, because bitcoin is basically a self-developing coin. I think that El Salvador needs bitcoin, not the other way around. So far, many people like the use of bitcoin as a legal transaction tool there. it is also able to make changes in society in the future. besides, waiting for other countries to follow El Salvador's lead will only waste your time. right now so many big companies are lurking bitcoin as their medium of exchange, and I think they are also adopting, or will adopt bitcoin in the future.
if you believe in the future development of bitcoin, i think you should not wait for it, because when the price reaches $100k, and you don't have bitcoins in your wallet, chances are you will regret always waiting for the successful implementation of bitcoin in a country. look at the broader thing, the implementation of bitcoin really works on the internet, until big companies, even countries highlight it.
jr. member
Activity: 1380
Merit: 1
September 18, 2021, 02:22:16 AM
#43
Cryptocurrency is a risky platform where you can make good profit.  Bitcoin is the most reliable investment platform . If anyone can be a good holder then I suggest to buy more bitcoin.
sr. member
Activity: 2436
Merit: 267
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September 17, 2021, 08:27:07 PM
#42
It is your choice to make more investments into Bitcoin. We don't know what will happen in the near future. If the price starts increasing quickly, then you can miss a bigger profit chance. That's why I think that it is always the best time to invest into Bitcoin. Because if your aim is to HODL your coins, then you shouldn't worry about making your investment now or later.
Bitcoin is clear, whatever you will do with it will certainly not experience any problems. whether you will hold at the current price and hold for the near future or maybe a long time, obviously bitcoin will not make those who hold it will suffer losses because bitcoin will always after the halving will reach renewable ATH.

do not hesitate to invest in bitcoin especially what will happen is that by the end of the year there will be a sharp increase in bitcoin. if you miss it then you will not receive the benefits that are in front of your eyes and it will take a long time to be able to achieve things like today.
hero member
Activity: 2996
Merit: 609
September 17, 2021, 03:08:34 PM
#41
Some country are now accepting bitcoin as currency and the billionaires is now hoarding thousands of Bitcoin. Should I wait for the success of El Salvador's implemetation of bitcoin before investing?
I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again?
I just hope I'm not wrong this time.  Huh
Dont miss the train and it would be always wise to accumulate bitcoin because global adoption is on the move and we have learned on the past about missing out opportunities and its better not to commit the same
mistakes again but if you are a total noob on this market then i could say that if you do intent to hold then buy bitcoin

but of course only invest on the money that you could afford to lose because its never been an assurance that bitcoin would succeed or rise up in the future.So simply means its your risk to take.

Just observe or tend to go back in the past years in regarding with its movements and make out some comparison in terms of adoption.
sr. member
Activity: 1666
Merit: 304
kycfree
September 17, 2021, 01:31:54 PM
#40
It is your choice to make more investments into Bitcoin. We don't know what will happen in the near future. If the price starts increasing quickly, then you can miss a bigger profit chance. That's why I think that it is always the best time to invest into Bitcoin. Because if your aim is to HODL your coins, then you shouldn't worry about making your investment now or later.
legendary
Activity: 2716
Merit: 1383
September 17, 2021, 10:36:27 AM
#39
Some country are now accepting bitcoin as currency and the billionaires is now hoarding thousands of Bitcoin. Should I wait for the success of El Salvador's implemetation of bitcoin before investing?
I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again?
I just hope I'm not wrong this time.  Huh
Each investing decision needs to be taken with the utmost care however you can take almost any time in the past on the history of bitcoin and you are going to find that its value was lower, with the exception of a month or two in which it was higher than the current levels, this tells us that if you wait for enough time and you hold your coins then you will get profits, the real question is if you are going to be able to do hold your coins once you buy them? And this is only possible if you are truly convinced about the technology behind bitcoin.
hero member
Activity: 2982
Merit: 610
September 17, 2021, 10:20:24 AM
#38
Some country are now accepting bitcoin as currency and the billionaires is now hoarding thousands of Bitcoin. Should I wait for the success of El Salvador's implemetation of bitcoin before investing?
I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again?
I just hope I'm not wrong this time.  Huh
Just look around on you, tried to search on the internet and you might wonder why some known personalities and billionaires are already investing in Bitcoin it was because they believe that Bitcoin could give them the expected profit.
I know you're still not sure and doubtful about Bitcoin, maybe you should empty your cup and fill it with positivity then this might change your mindset.
Don't just focus on what happens to El Salvador but rather make yourself getting busy studying and make searches about Bitcoin.
legendary
Activity: 3234
Merit: 5637
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September 17, 2021, 09:35:25 AM
#37
Some country are now accepting bitcoin as currency and the billionaires is now hoarding thousands of Bitcoin. Should I wait for the success of El Salvador's implemetation of bitcoin before investing?
I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again?
I just hope I'm not wrong this time.  Huh

I don’t know how long you’ve known about Bitcoin, but if you’re wondering if you’re right or wrong about investing or not, maybe you should think a little bit about whether people have wondered the same thing in the past? The key thing is time, it is more valuable than anything including Bitcoin.

Wait for success? Hasn't success already been achieved if we take into account that 10 years ago Bitcoin was a rather unknown and rather worthless digital coin that many predicted would collapse very quickly?

I will qouote @Amph from 2015, because his post makes sense, right?

better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow
saving money in the bank, will only mean losing them in the long-term with the current high inflation
hero member
Activity: 2520
Merit: 783
September 17, 2021, 05:55:37 AM
#36
Should I wait for the success of El Salvador's implemetation of bitcoin before investing?
You're the only who can answer this because it depends on you. But if I were you I wont wait for bitcoin adoption's success in other countries before engaging myself. Many changes can happen that can affect the price thus its better to join the ride while you can afford to buy a portion of bitcoin. Anyway, its your own money thus you better know than anyone else the right decision to make. Have a guts to take the risk because we'll never know what is the future that lies for bitcoin.

On other hand maybe he cannot decide whether its good to buy or wait for like El Salvador to get success since its really good to see some basis before entering on something we don't know but in the case of bitcoin we already see the opportunity to buy when market is calm since mostly FOMO happened when the market starting to pump up. But since there are helpful suggestion given by respectable members here for sure newbies like him or her will surely find some decent answer towards what he ask here.
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