Bitcoin investment at this time

[phuongh1190]

stock situation goes down, gold price is unstable, disease is spreading rapidly, should we invest in bitcoin now? Do you have the experience of being able to analyze the virtual currency market? I am very divided, so which currency to invest, in your opinion?

 

[hani20980]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

 

[vest1992]

It depends a lot on how much the persons who own bitcoin want to sell it, it goes down when others sell, and grows when it is bought, at least from my own experience in trading with it.

 

[hani20980]

I don't want to sell bitcoin i want to buy it for trading cryptocurrencies in exchanges and grow my bitcoin balance but im not
sure if i have to buy it right now or wait until BTC fall to 10000$ which i don't know if it's gonna happen

 

[hani20980]

Right now the best time to invest in bitcoin is when it fall to 9000$-10000$ but that's not sure it can go more
higher to 20000$ it's hard to predict BTC price right now

 

[Vladv26]

In my opinion bitcoin price is going to drop a little at the end of the year and then start going up again next year. You it might be a good idea to wait a little if you want to invest in bitcoin

 

[Niftyyem]

I would have said yes a couple of months back when it was hovering over $10k. At the current price, it would be better to hold on a bit before investing.

 

[George]

Every time is a great for bitcoins. As we know its highly volatile and no one have ability to control it, so i do believe that choosing the bitcoin would be a great idea. Back in June the price was less than $7,000 and now its double. Most of predictor said it may go up to $20,000 till December so i think you should invest it now

 

[Anis Boukezzoula]

no, I don't think that buying bitcoin now is a good thing, the price now is 15,456 $ (wow)

the maximum price that bitcoin reached it is 20000$ so it nears to the top and of course the risk now is high and high

it stills my opinion

 

[LOSHMI]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

If you are not afraid of possible losing of about 3-5k$ then try it but if you are you shouldn't

 

[Vladv26]

Bitcoin price is rapidly going up and now it's over 15.000$, I don't know for how long it can continue going up because at some point it has to start dropping

 

[Braga13]

The current price of Bitcoin is very high in terms of circumstances, and in the event of another wave of the epidemic, we will see a severe drop in Bitcoin, just as it happened at the first wave, so my answer is no..it is bad timing

 

[Monique]

No it's not a good time.. when price is lower you should buy.. if you buy now means maybe loss

 

[hani20980]

The current price of Bitcoin is very high in terms of circumstances, and in the event of another wave of the epidemic, we will see a severe drop in Bitcoin, just as it happened at the first wave, so my answer is no..it is bad timing

that could be true but i don't expect bitcoin to fall a lot if it does it won't be less then 10000$ - 12000$ im expecting
bitcoin to go more higher so maybe even 14000$ - 15000$ still a good price to buy it

 

[vest1992]

Or in March when it was 4k I guess that was the best moment to invest in bitcoin

 

[Niftyyem]

Or in March when it was 4k I guess that was the best moment to invest in bitcoin

So right about that. Now is just not the right time at all.

 

[Anis Boukezzoula]

currently, if you want to profit then trade the crypto and especially the Bitcoin, it isn't the time for gold
the job of my uncle is selling only the gold and he informed me that the market for this last is too bad those months.

 

[Vladv26]

currently, if you want to profit then trade the crypto and especially the Bitcoin, it isn't the time for gold
the job of my uncle is selling only the gold and he informed me that the market for this last is too bad those months.

Market of gold is bad probably because lots of people are selling their gold reserves to have money to live during this pandemy. That's my opinion at least

 

[Vladv26]

that could be true but i don't expect bitcoin to fall a lot if it does it won't be less then 10000$ - 12000$ im expecting
bitcoin to go more higher so maybe even 14000$ - 15000$ still a good price to buy it

Bitcoin could drop to 5000$ in just a couple of days and the fact that we are in a pandemy globally could affect it even more. Bitcoin market is very unstable so you can't be sure of anything

 

[Anis Boukezzoula]

Market of gold is bad probably because lots of people are selling their gold reserves to have money to live during this pandemy. That's my opinion at least

yeah of course I understand, this pandemic has a big influence in all the domains, my uncle is suffering, he has difficulty to sell jewelry due to the lack of money here in my country.

 

[Vladv26]

yeah of course I understand, this pandemic has a big influence in all the domains, my uncle is suffering, he has difficulty to sell jewelry due to the lack of money here in my country.

I can't even imagine what this kind of businesses with jewelry are going through right now because no one wants to buy jewelries during this times

 

[Anis Boukezzoula]

I can't even imagine what this kind of businesses with jewelry are going through right now because no one wants to buy jewelries during this times

yeah, no one is interesting to buy them because there is no wedding due to Covid-19 (our government stops the wedding party) so for sure this new influence of course.

 

[Naz Noshin]

Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?

I am really enjoying this answer because I am in future . Now bitcoin price is more than 21000$. It is looking that I am back to past... And this future ll turn into past soon when the bitcoin price ll reach at high level.

 

[Dubai]

If you are willing to invest, then by all means, do so. I would implore you to invest in bitcoin. There would always be uncertainties and know one can be %100 sure of what the financial market will turn out to be. But investment is a calculated risk you should be willing to participate in. There is no perfect timing to invest.

 

[Sincerem]

stock situation goes down, gold price is unstable, disease is spreading rapidly, should we invest in bitcoin now? Do you have the experience of being able to analyze the virtual currency market? I am very divided, so which currency to invest, in your opinion?

Virtual Currency is gathering momentum so high, that it can slow down at the moment. If I'm to put up an investment on any of them, I will go for lesser coins with potentials to go higher. Coins like, BCH, XRP, LTC, ETH2.0,BNB etc.

Post automatically merged: Dec 18, 2020

stock situation goes down, gold price is unstable, disease is spreading rapidly, should we invest in bitcoin now? Do you have the experience of being able to analyze the virtual currency market? I am very divided, so which currency to invest, in your opinion?

Virtual Currency is gathering momentum so high, that it can slow down at the moment. If I'm to put up an investment on any of them, I will go for lesser coins with potentials to go higher. Coins like, BCH, XRP, LTC, ETH2.0,BNB etc.

 

[tuna89]

With the look of things and with respect to expert advice, btc does not look like it will drop any time soon, there is a steady rise in the value of btc, you can purchase but not much, familiarise yourself with other crypto as well, this will give an insight on investing in other tokens.

 

[Ralphjoe]

No this is not a good time to invest in Bitcoin because the price is currently off the roof right now, it's in an all time high, broken it's price record, so right now is not the best time to invest in Bitcoin, one has to wait for the price to drop so that one can invest in it.

 

[Presido]

All these situations and circumstances you have listed above have nothing to do with the price of Bitcoin, investing inn Bitcoin at this time is one of the best decision you can take

 

[Lagazine]

There is no time you invest on bitcoin that is late. Bitcoin investment is a great option and it take only the deep thinkers previlege to do that.

Post automatically merged: Dec 20, 2020

There is no time you invest on bitcoin that is late. Bitcoin investment is a great option and it take only the deep thinkers previlege to do that. When bitcoin was cheap at $5,000, I was waiting for it to come down before investing on it. Now, it's $21,000, will I still wait till it reach $50,000 before I invest?

 

[Kamon c4]

Now is the best time to invest on bitcoin. Having hit the projected $20000 bench mark for this year I believe it’ll do better next year. Moreover Citibank has projected its price to hit $300k. Though it’s very expensive now but I know it’ll be worthwhile

 

[Peterlight]

Bitcoin is already dropping the last time I checked and other coins too as re following, if you could get a good price analysis that could predict the next run up of the price it would be a good trade at this time.

I don't think now is the best time to invest in bitcoin, why not wait till the price reaches $21k

 

[Mawome]

I think Bitcoin is a work in progress, is not a bad idea to invest on Bitcoin now, cos the chances of skyrocketing is there. Btc is a good coin, with a high liquidity, if you have the money to invest please do so, and don't forget to thank me later.

 

[Farhan Aslam]

stock situation goes down, gold price is unstable, disease is spreading rapidly, should we invest in bitcoin now? Do you have the experience of being able to analyze the virtual currency market? I am very divided, so which currency to invest, in your opinion?

As you all know, the bitcoin rate is very high these days and we should all wait for the rate to go down. If the rate goes up, we will waste it, and our chances of losing money will increase. Don't invest in it at all unless its rate is low

 

[WhiteHouse]

It's really hard to predict the market especially when you dealing with volatile investments like Cryptocurrencies and stock market. Crytpocurrencies especially Bitcoin is looking sharp, so investing in it is not a bad idea and if it is the stock market, you need to have extensive knowledge before investing.

 

[Abibatabosede]

With the rate Bitcoin investment is moving high it's really interesting to continue investing but also Scarry too because it could suddenly crash at anytime without expecting it.