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

[Sincerem]

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?

I hope you invested in Bitcoin when the price was low at $18,800?? Because you've seen where the current price is now. I don't want you to say no, because you'll need to blame yourself for not making proper use of your presented opportunity.

 

[Zevin]

I don't think there is room for bigger profits especially for those who do a little bit of investment. Unless you have the capacity to buy at least 10 bitcoins, wait for a couple of years for the price to reach $20K. If you are happy to earn a dollar or two, you can try investing in bitcoins. The most secured bitcoin investment is by buying bitcoins through paypal. Now, paypal allows you to buy, sell, or hold bitcoins.

 

[Bilal0087]

No, i think it will not give you more profit if you now invest in bitcoin because its value is already very high so you should wait for the decrease in the price, so that you can get high profit in case of increase of price

 

[Mahmoud2019]

Wait bro and when price go down u can invest and buy. But don't. Buy now because in any time price will go. Down then u gone lose. Just study first about how bitcoin rate price go down and when it's go up
It's profitable but my advice don't join. In. Now. Days because rate in any time up and down
So best wish in u journey

 

[Ralphjoe]

It is very obvious that the price of Bitcoin is not going down anytime soon as more and more institutional investment keep pouring into the coin. So the best option for an investor is to invest now since Bitcoin is surely going to increase so rapidly soon.

 

[Defaith]

To my own perspective investing on bitcoin now is a big risk because the rate is getting high every day...i can advise anyone to go invest on bitcoin now. But when the rate is low someone can actually invest but as at now

 

[Alexandoy]

To be frank with the Bitcoin it is so difficult to speculate unlike in stock trading that you can check on the company. In Bitcoins and other crypto currency they are like mysterious commodity that is not tangible with no clear origin and no definite regulator like the legit currency that is regulated by the central bank. But I believe that the law of supply and demand still rules when it comes to the value. However, may I repeat that it is not easy to speculate on the prediction of the value.

 

[Sincerem]

To be frank with the Bitcoin it is so difficult to speculate unlike in stock trading that you can check on the company. In Bitcoins and other crypto currency they are like mysterious commodity that is not tangible with no clear origin and no definite regulator like the legit currency that is regulated by the central bank. But I believe that the law of supply and demand still rules when it comes to the value. However, may I repeat that it is not easy to speculate on the prediction of the value.

It isn't easy at all @Alexandoy to predict the future of the coin. I can only speculate what will happen next in the world of Cryptocurrency but I can't tell what the future holds for them. I want the price to go more places so investors can also make their own gains.

 

[Damismiling]

Investing in Bitcoin at this point is a bit risky, because it might fall back at any point, it is better to buy when the price is very low, then you sell out when the price rises, so for me I wouldn't advise if you don't have before

 

[Nurudeen]

It's never a good advice to invest in Bitcoin at the moment. Bitcoin is making a big move at the moment and it will surely dip down for some time so it's not a good buy at the moment. If you want to invest in Bitcoin you just need to make some little patience and allow the coin to dip a little bit before you make your but on it.

 

[Hassan14]

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?

Absolutely you need to invest in bitcoin at this time because its rate can be very high at any time, whose money will be very high and your profit will also be high.
And you must invest in it, you will get a lot of profit and a lot of profit and you will get a lot of money.

 

[Ltherman]

As at the time this post was made your investment would have been in massive profits. From about $19k to about $28k which is still growing. Currently the market is overbought, it wouldn't be a good time to get in on it.

 

[Abibatabosede]

Investing in Bitcoin at this period of time may not be profitable since the unexpected rise in value of Bitcoin recently decline but I know it's also an opportunity for investors willing to buy because it will soon pick up again.

 

[Patrik]

It's obviously profitable to buy when price drops, it can't keep dropping more, which means more profit when price increases, obvious easy profit, just a matter of time and how much money you are willing to invest

 

[MastetG]

The high liquidity associated with bitcoinmakes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand. Lower inflation risk.

 

[Asad Ali]

A few days ago, Bitcoin was skyrocketing, but yesterday it suffered a significant loss. Investing in Bitcoin would be a huge risk. Ethereum is also going up a lot these days and its value is constantly increasing.All I can say is that instead of investing in Bitcoin, invest in Ethereum and make good profits.

 

[Sotherefore]

Bitcoins is a valuable commodity and it's price is increasing day by day what I'm trying to say is that is not too late to invest in bitcoins because bitcoins is always on the rise every time, if you invest $500 now on bitcoins there's a possibility that in the next three years the $500 you invested on bitcoins can work up to $2000, if you're buying coin to hold for it to rise then you must be patient.

 

[GIFTMICHAEL]

The choice to invest or not to invest is solely on you depending on what you want to achieve.
If investing on Bitcoin will increase your chances of getting high interest rate while not go ahead and invest. You should be able to know when the interest rate is going high to avoid losing out on your money.

 

[Kennysplash]

It all comes down to personal decision. But I won't right now because it's so high. Who knows when it starts falling, what the price will fall to. It is too much a risk. I will rather try other altcoins.

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?

 

[joy101]

You have to take your time to study when the price is high and when it low, it good to invest on bitcoin because at this time bitcoin is growing higher, right now it's much different because the price has already appreciate.