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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
It might not be wise to start business at time of bitciin being expensive but we can know what will happened may be it might move up so with that I don't need to wait until it dropped before starting the business. I need to be proactive
 
If you are starting out, it is best not to invest in bitcoin. Its price has gone very high right now and it might start dropping. Those who invested early are now enjoying profits. So you better try other cryptocurrencies such as Litecoin and Dogecoin which have a potential of rising soon.
 
Yes you can still invest in bitcoin and still be very profitable.
All you have to do is calmly take your time and study and analyse the chart to know the market movement of bitcoin.
Or you can ask for advice from those that you know that are professionals.
 
As it is good to invest on bitcoin which is currently most sort after in the world of cryptocurrencies, it is not the right time to invest in bitcoin because of the current bearish run that is affecting the prices of all cryptocurrencies. You will need to wait for some time and watch when bitcoin price will be stable then you can invest on it.
 
Due to the recent dip, I would say right now is the best time to invest because currency it's below 40k and it's bound to rise again as the highest it reached this year was in the early 60k range
 
Thinking about investing in different cryptos? How about Bitcoin in particular? There are loads of different reasons why you might want to invest in these cryptocurrencies in the upcoming period. At the moment BTC stands at $64,493.27, or 6.02%. Wondering if it is worth your time or if it is a good thing to invest in? Keep on reading and understand all of your options, and see whether if it is a high-risk investment, or not.
 
Kunkun said:
Due to the recent dip, I would say right now is the best time to invest because currency it's below 40k and it's bound to rise again as the highest it reached this year was in the early 60k range
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I agree I think the dip has made it a huge prospect in terms of investing, the prices of Bitcoin are still going to go up, no better time to invest than now.
 
Investing will be highly profitable in the future. It is valued at $39,770, so in the future time, this Current price can be double. The coin is just recovering from the bearish run, and its taking higher now.
 
It is actually better to invest in digital coins when they're not very high in other to benefit high profit rates. In my own view, i go for alternative potential coins.
 
When it comes investing on Any digital coins, investing when the coin is low, driven by bearish run is the best option a trader should look up to.
 
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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Bitcoin investment generally is a fifty fifty percent chance investment because it keeps going up and down lately this year, so i will rather wait for awhile before investing in bitcoin.
 
Sincerem said:
Investing will be highly profitable in the future. It is valued at $39,770, so in the future time, this Current price can be double. The coin is just recovering from the bearish run, and its taking higher now.
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Investing in cryptocurrency is very tricky. I am not sure if you are right when you said that Bitcoin will be profitable in the future. I believe that Bitcoin was profitable in the past. Right now, it has dropped a lot but we cannot say what iwll happen in the future. I reckon that the prices will increase despite crashing right now.
 
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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i have not experienced this but I think this is true that this time is not right to invest in bitcoins because of the low falling rate of bitcoin prize, but in the future may be it will helpful
 
Setfragil said:
As it is good to invest on bitcoin which is currently most sort after in the world of cryptocurrencies, it is not the right time to invest in bitcoin because of the current bearish run that is affecting the prices of all cryptocurrencies. You will need to wait for some time and watch when bitcoin price will be stable then you can invest on it.
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I think it is a good time now to invest. The price has been bearish indeed but buying on a dip can be a good idea.
For the past few days the price has been pretty stable around $39k.
 
We are now in the time of bearish run, meaning, if you invest now on those coins that got potential. You'll earn better dividends in the future.
 
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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There's no time when you can't invest in bitcoin, we understand that bitcoin has not been stable lately, it has also been going on and down but its still worth investing on, at least you can try investing $60 for a start.
 
I wish the question was just asked now I wish to see alot of comments from people about the current state of it and whether it's ok for you to buy it now or not a good time.
 
Bitcoin is peaked at $38,800+ at the moment. Theur is every possibility that if one invest now, that the price is still adrift of its previous benchmark, the profit will be high in the future.
 
In the last 24 hours Bitcoin has risen at about 3% imagine if someone invested short term just to make money then one would definitely have made 3% just today.
 
Eodine said:
In the last 24 hours Bitcoin has risen at about 3% imagine if someone invested short term just to make money then one would definitely have made 3% just today.
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investing in Bitcoin at this time may not be profitable because of the drastic fall of Bitcoin this season do you know the band of Bitcoin in most countries bitcoin has been falling drastically.
 
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