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Do you think investing in bitcoin at this time will be profitable

  • Thread starter Thread starter Peterlight
  • Start date Start date
The days or opportunities to invest in bitcoin are not yet over, they are far from being over. You can start even now and begin to profit from one of the world's most valuable cryptocurrencies.
 
There is no time you invest on bitcoin thay you won't gain. But if you want much gain, I will advice you to trade with bitcoin instead of investing in it. Investing may take long before you will start seeing the effects of returns
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There is no time you invest on bitcoin thay you won't gain. But if you want much gain, I will advice you to trade with bitcoin instead of investing in it. Investing may take long before you will start seeing the effects of returns
 
Cryptocurrency is very fragile. Your best bet is to wait till the prices drops before buying. Buying when the price is high make you prone to lose if there's any slight change in the market can result to a loss of fund
 
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If you want to pay with credit card, for example, you’ll need to find an exchange that allows that. Perhaps you just want to wire the exchange money or use something like apple pay.

Few exchanges accept every form of payment, so its worth doing a little research before signing up.

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Investing in Bitcoin at anytime should be profitable. However, sometimes are more profitable than some other times. Apart from the price value of bitcoin, your skill in trading is also needed to make huge success as a trader. It is imperative you have experience and not greedy in the e-currency market. Follow the trends at all time and be well-informed in order to become a professional bitcoin trader.
 
Well from my own point if view investing in bitcoin is a great idea as this could yield good profits especially at this lockdown period cause now a days people have started seeing the light of online Cryptos trading and knowing that it is quite profitable
 
If you're after short-term gains, the high liquidity associated with bitcoin makes it a great investment vessel. Because of their strong market demand, digital currencies could also be a long-term investment. Lower probability of inflation.
 
Currently now, from my own understanding and analysis, investing on Bitcoin is still very much profitable, because if am to predict, I believe Bitcoin would soon grow higher in terms of gaining more value as a cryptocurrency and also as a means of exchange.
 
Investing in Bitcoin and and other crypto currency is good but it requires a lot of things to be done so you can make profit from the investment. You must also know much about the business so you will know when to trade and when not to trade.
 
Bitcoin is getting raise in value every time. I can say yes, that it's right time to invest on Bitcoin now. Because there is probability for Bitcoin to hit $50,000 in the ending of this year (2021) that is my prediction and if you can invest as a little as you have now that will be big turn for you at the end of the year.
 
Bitcoin increases in value every day. It a promising coin that keeps rising and never give that chance to depreciate in value. It the father of all coin so if one invest in it, there's tendency to earn in big time. So I advise you invest in it now cause it way up to the moon.
 
The price of Bitcoin is over 40K dollars at the moment. I don't think investing in it at this time is wise because the price listing for and of course bitcoin is very volatile. There is a possibility that in the next 10 years bitcoin will hit over 100k dollars.
It is good to invest in it for a long term purpose not Short term purpose.
 
Times have really grown from when this posts were made and it has nearly doubled this price in today's market but let me speak based on the today's market. Recently paxyful anounced that Nigeria is the third country in the world after the USA and Russia in terms of volume of bit coin transactions and almost immediately, the central bank restricted the way in which crypto transactions would be made. It remains to be seen if this would affect the price of bit coin though.
 
Yeah definitely it is the best time to invest in Cryptocurrency not only in bitcon also in ethereum and Litecoin or Bitcoin cash also. Because i deeply observe it that the ratio of Ethereum and Litecoin and also Bitcoin cash increasing ratio is more than bitcon.
 
I think it is a really good time to invest in crypto currencies in general. You just have to hold for when the price drops a little bit. To maybe 30k usd and then enter the market and watch it grow.
 
Investing in Bitcoin now might be profitable if the price of Bitcoin has come down bellow the current fourthy thousand dollars a piece. You should be aware of the wales while thinking of making your investment just as a precaution
 
According to my own point of view, I believe Bitcoin to be the best and most popular crypto currency, and I will say investing in Bitcoin at this point in time is good and it will be profitable, as long as I am consign, Bitcoin keep increasing every hour
 
Peterlight said:
As of now bitcoin have hit $18800 and is surging high every hour.
My question is can I still invest in bitcoin at the current price or I should go for other cryptocoin?
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Looking back at this post (2020), and I am comparing the price of bitcoin at this time, one word to describe what I feel right now, REGRETS. Haha If I only had an investment last year, I would have bought even a small amount of bitcoin I held, sure profit now. 😅
 
The high liquidity related with bitcoin makes it an incredible speculation vessel in case you're searching for momentary benefit. Computerized monetary standards may likewise be a drawn out venture because of their high market interest. Lower expansion hazard
 
Yugocean said:
From my experience, this time is not right, but if someone needs to invest in crypto, do use stablecoin like tether. BTC price is now falling too, so wait for investment.
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It is always better to invest in BTC when the price is falling. To me, you will definitely make a lot of gains when the price appreciates again which is a good one especially when you are doing that as a trader. There is no bad time to invest on Bitcoin, if you ask me.
 
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