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To Buy/Invest in Bitcoin today or not?

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4 minutes ago, Carolena said:

You should not believe all the news, as there are many rumors that appear to make people hesitate to buy bitcoin, you can follow some well-known analysts and take their recommendations to choose the best time to buy and sell.

It would not be right to believe all our information.  Because in the crypto world many people publish fake information and many people get hurt by following that information.  So you can always follow the best blog information in the crypto world and you will always keep an eye on the market.  According to your experience you will buy and sell bitcoin

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This topic was written in 2019 and I hope you bought bitcoin and invested. When Bitcoin fell in value in 2019, people were talking that it would fall further. But in 2020, it crossed the $ 40,000 band. I hope you invested.

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As this topic is too old and situation of that time. I would tell you according to such situation of crypto market in which this is a best time to buy Bitcoin where the price is arround 30 to 40 thousands dollars. Most of Analyst, I have read many articles, say that the price of Bitcoin will be reached up to 100k dollars in this year. You also can see the new year tweet of Yobit's Twitter account in which it is mentioned that thing.


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At that time you were right because the price of BTC has risen very high now. If you had purchased some btc then you would be the richest person now. But today we should not focus on bitcoin rather there are many other coins from which you can have profit.

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16 hours ago, Spikee said:

At that time you were right because the price of BTC has risen very high now. If you had purchased some btc then you would be the richest person now. But today we should not focus on bitcoin rather there are many other coins from which you can have profit.

Yes, it is true, Bitcoin has risen dramatically and becomes difficult to buy, but there are cheap currencies and you can make big profits from them, such as the Dogecoin currency whose price is very cheap and its price has increased dramatically recently.


 

 

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Exactly, transactions in the cryptocurrency market must be based on the experience and sufficient study necessary to make the right decisions and thus succeed in such actions. I do not think that anyone is able to give you the correct answer except for your accumulated experience and knowledge.

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If you have btc then it is time to hold btc because value will increase. But if you want to invest in btc then it is good time to investment and earn massive money. No one know about value of btc increase or fall in future but due to price it will increase in future. 

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in the long term the price will always to up so if you have some of the funds you can always make investment of them in the long term and only make the investment of the money you can afford to lose.

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whenever the value of the Bitcoin is down more than 20% you should always invest in that Bitcoin because in the future it will go up again

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