I'm no expert investor or trader, but if I were in your shoes now, yes I would get in if I wasn't already in. It's a good opportunity - a $300 to $400-ish drop/dip. If recent history (ie, the last few months) is any indication, then this is a correction before the next leg up. There aren't any negative news/indicators (that my amateur eyes can see anyway) that would lead me to believe there will suddenly be a reversal of the general upwards trend that we've been on. It is also a good buying opportunity for those who already hodl bitcoin as well.
If you are considering the long term and think bitcoin will be significantly higher, then why wouldn't you get in already?
Risk-Reward. When the price was $270, those who asked the same question, "Would you get in now?" and decided to get in have been rewarded. When the price is reaches $30K+, those in your shoes now who decided to get in, will look back and see how this $2700 was a small risk relative to the reward.
Topic: Would you get in now? current price approx 2700 - page 2. (Read 1024 times)
The question is pretty straight forward and as I put in the subject title, would you still get into bitcoin now? approx 2700 now (putting in the price so if somebody googles it later like I did, they know when this question was relevant ) I know many of you are long on bitcoin and have coins from the early days, lucky you, and I understand how easy it is to be long when you're sitting on lots of profit but for those of us way late to the party do you see it still being a worthwhile investment. Are any of you longs still accumulating, not mining but actually buying? I see some speculation at just astronomical numbers so I don't know if it's dreamers, the truly delusional or the informed investor making these speculations... if there is still lots of upside coming 1-2-5-10+ years down the road I'd rather be in now than lay off any longer but at some point risk just outweighs potential return and im wondering if that point has been crossed. Appreciate any replies!
Nobody knows what will happen in the future. BTC might be worth more or less it really depends on many factors.... For now on bitcoin seems okay and you could try trading with altcoin to accumulate more once you enter the bitcoin or the safest option is to juust hold. The best would be in my opinion to buy now and to not look at the price (I know that this is not an easy thing to do) but bitcoin price can vary from time to time and if you are constantly looking youu migh end up selling at lower rate than you have bough in the past.
I do not want to tell you that you should buy or or that you shouldn't buy it, but I will recommend you that you read about it and decide should you go in or not? In any case don't invest more than you can afford to lose. We have for instance australia that should say that BTC is legal there next month which is a good sign, but on the other hand theres scalling debate which can cause the price to go down harder starting from august if all go well price should go up.... but again everyone of us can speculate and hope for the best.
Nobody can tell you what you should do as it is your decision and you need to make that move.
Read something about bitcoin and in case you buy it store it securely.
Why wouldn't we buy? At the end of past month, someone posted here a thread saying he bought 1 BTC at $2500 and then a few days later the price droppped to $2000, so he was asking if he should sell of just HODL.
Yesterday we hit the mark of $3000 per Bitcoin. Do you think we didn't knew this price was possible? You can think we are just dreamers when we say that the price will hit 10k, 20k or even 50k in a few years. But the truth is that this is all possible since the beginning of Bitcoin, when the same people doubted that the price could go above $500. People always asked and always will ask if they should buy or it's already too expensive.
Just remember that we are early birds and there is still plenty of ground ahead. I bought more at $2500 and I WILL buy more at $3000. Join me if you want to become rich someday.
Yesterday we hit the mark of $3000 per Bitcoin. Do you think we didn't knew this price was possible? You can think we are just dreamers when we say that the price will hit 10k, 20k or even 50k in a few years. But the truth is that this is all possible since the beginning of Bitcoin, when the same people doubted that the price could go above $500. People always asked and always will ask if they should buy or it's already too expensive.
Just remember that we are early birds and there is still plenty of ground ahead. I bought more at $2500 and I WILL buy more at $3000. Join me if you want to become rich someday.
The question is pretty straight forward and as I put in the subject title, would you still get into bitcoin now? approx 2700 now (putting in the price so if somebody googles it later like I did, they know when this question was relevant ) I know many of you are long on bitcoin and have coins from the early days, lucky you, and I understand how easy it is to be long when you're sitting on lots of profit but for those of us way late to the party do you see it still being a worthwhile investment. Are any of you longs still accumulating, not mining but actually buying? I see some speculation at just astronomical numbers so I don't know if it's dreamers, the truly delusional or the informed investor making these speculations... if there is still lots of upside coming 1-2-5-10+ years down the road I'd rather be in now than lay off any longer but at some point risk just outweighs potential return and im wondering if that point has been crossed. Appreciate any replies!
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