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

[Mujahid12]

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?

Now the time has passed, now the value of bitcoin in cryptocurrency has gone above the 30k $ but you should wait when the value reduce , then you should take bitcoin And whenever before buying bitcoin you should read bitcoin and see its chart.

 

[Peterlight]

Ok

Now the time has passed, now the value of bitcoin in cryptocurrency has gone above the 30k $ but you should wait when the value reduce , then you should take bitcoin And whenever before buying bitcoin you should read bitcoin and see its chart.

What if bitcoin doesn't fall again, what if it continues to rise, how will I be able to meet up.

I think investing now is not an option, it is a must cos we don't know if the coin will go higher and higher.

 

[Iamsodex]

Purchasing btc at this time is still good because with further adoption the price will keep pumping and since the total supply has not been achieved the price will keep surging high

 

[Damscooguns73]

Concerning if you can still invest into bitcoin or rather invest in other coin. I think it's better to invest in both to be on safer side, though bitcoin still looks promising and still increasing time by time and day by day, so u can still go Into coins like bitcoin, ethereum, litecoin

 

[Richard92]

Yes! Investing in Bitcon is very profitable because of the fast growth of Bitcoin these days many people are now investing on it. It is advisable to invest now so that you can join the tend of people who will profit from the growth. Bitcoin is the fastest growing crytocurenccy in the world today.

 

[Erik4150]

I hope you invested in bitcoin when it was still $18000, because it is $36000 now and rising fast. I don't recommend buying bitcoin now because the price is too high unless you are a long term investor.
However the price will fall before the end of 2021 and it would be best to buy when price is low.

 

[CerebralCortex]

Of course yes.
I feel investing in crtptocurrency even at this time is profitable.

Cryptocurrency especially bitcoins is still on the rise.
Put some money in bitcoins and make some profits but as with every investment there is risks.

Goodluck.

 

[Nomad]

Investing in bitcoins and rest of the crypto currency is very risky because crypto currency is volatile in nature. However, if you want to make long term investment, you can invest in bitcoins. You might need a lot of money, however, your investment is secured if you can hold your investmwnt for a long time.

 

[Sanusi]

Yes it would be great if you can invest your money on crypto currency which is bitcoin, Because it rise on a daily basis moroever its never too late to invest on bitcoin. Its very nice to be sincere at this time to invest on butcoin one philosophy about bitcoin is that you don't know where it's going to reach

 

[shakky2]

investing in bitcoin currently is a bad idea because bitcoin is falling drastically and it's now showing any sign of rising.although if the investment will be for a longtime it will still be ideal because it may rise anytime but if it's not then investment should be pend for now

 

[Seun4luv]

There is an abundance of positive sentiment around Bitcoin. Some investors compare Bitcoin to gold as a potential store of value as it increases in relative worth against both the U.S. dollar and gold. ... The price of this crypto asset should rise as demand outstrips supply, and total supply is capped.

 

[Mrallison]

Looking at the bitcoin curve over the years I'll say it's wise to invest in Bitcoin at this point but try not to invest in all in Bitcoin, try other crypto currency also like ethereum and so.

 

[Adam13]

Investing in bitcoin doesn't seem much of a good idea because the prices are not currently stable. There's a high degree of flunctuation and instability of the price of bitcoin. If you're to invest in bitcoin now, there may be a sharp drop in it in the nearest future. It is much better to invest in Euthereum or trons

 

[Neeta313]

You can invest in it, but just have an open mine while investing, so that when it drops, you wont be disappointed. You can also invest in other cryptocurrencies, so that if bitcoin drops and another one rises it, you will still make your profit either way. So i would say you can give it a try.

 

[Sheyemanu]

Well concerning this your question my opinion is that bitcoin is currently approaching a resistance level around $41,960, therefore if it fails to break that resistance at this key level which is the recent high, it might go down for the short while and continue ranging for a while before shooting up again, therefore wait to see what happens

 

[FreshKaz11]

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?

There is no time we can not invest,everything is all about luck,you may be lucky to buy it now and by the time you sell the price goes way too up an it might come down as well...

So you follow your mind on what to do next,because it is the only one that would never lie to us...

So there is no time you can not buy or invest in bitcoin,because it is the most popular of all crypto currency..

 

[Shahzad Ahmad]

I am not sure because in my country cryptocurrency bitcoin is banned before last 10 years. But I think last two years, it's cost is not increases gradually. It is risk, that no one say that it's price will be grow in next year. So be careful in that case because first it is digital currency that has not regulated by one.

 

[Ayokex]

Depending on if it crashes again. Wouldn't hurt to invest in it, even at amounts under $100, you will still get some increases in the investment, so long as it continues to gain.

Investing in bitcoin at this time might be a little tricky because the price is not stable. Yesterday I performed a Bitcoin transaction in haste and I regretted it because I was afraid of the flaunting market. Few hours after I sold my Bitcoin it picked up very high.

 

[Jimmie150]

Investing in bitcoin does not have perfect time. I feel whenever one wants to invest in bitcoin the should do without procrastinating because the price might experience a surge after then. Bitcoin should be a must for everyone.

 

[Ub40]

If you ask me, I will advise you to invest even though it is going up. And if you still have the money invest in other promising coin too. Remember cryptocurrency are volatile. It can rise now and fall drastically the next minute. So it is hard to say if it is the best time to invest or not. This is just my opinion. More research will help. Good luck!