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[FarrisFahad]

I feel like now is the best time to buy BTC, do you think it's a good time to buy? and why?
After looking at the chart for BTC I found that prices have returned to pre-2019 and since the economy is in a bad shape I feel like we are at the lowest price level. Do you agree? Why?

 

[Margery]

That's why the investor's must take precautions when buying ,since it's very unstable the price might actually either move up or down and if the investors don't take precautions , things could actually go opposite

Are you talking about novice investors now? What they should and shouldn't do. Professional traders and investors do just that. Otherwise, they would have been sweeping the streets long ago.

 

[Wisdom01]

Are you talking about novice investors now? What they should and shouldn't do. Professional traders and investors do just that. Otherwise, they would have been sweeping the streets long ago.

nah I am talking about the novice investors , because most of them have huge amount of money in their account and they still don't understand or even take adequate precautions when investing

 

[btaliat]

nah I am talking about the novice investors , because most of them have huge amount of money in their account and they still don't understand or even take adequate precautions when investing

That's true. There is huge difference between having much capital and having much skill and knowledge on how to use the capital. Most new investors do not really have the deep knowledge on how to invest safely to make them benefit.

 

[Bango]

Well, I said some time ago in this thread that it is a good idea, but I did not expect it to grow so fast. Of course, I think it will grow even more. It may go down a bit again, but in the long term, I think it will reach $30,000 again

 

[Kennysplash]

It is actually never a bad idea to invest in Bitcoin. It is even best now because the the price is quite far from the all time high. So if you invest reasonable in it now you might be in for huge profits in the near future.

 

[btaliat]

It is actually never a bad idea to invest in Bitcoin. It is even best now because the the price is quite far from the all time high. So if you invest reasonable in it now you might be in for huge profits in the near future.

I don't think now is the right time for Bitcoin investment. The price is not stable. Sometimes, it can make more than 5% increment but drop with more than 120%. This means people are making losses than profit.

 

[Kennysplash]

I don't think now is the right time for Bitcoin investment. The price is not stable. Sometimes, it can make more than 5% increment but drop with more than 120%. This means people are making losses than profit.

The price is about over 50 percent off it's all time high. We never know what might happen in the next few months that is why I said it could be the best time to invest. There is a little chance that it would go lower than this.

 

[Bango]

Well, as you know, the price of Bitcoin has increased significantly, and as I predicted, it was a good idea to buy Bitcoin. I still think Bitcoin will grow more in the next few months but this is all my personal opinion

 

[Kennysplash]

Well Bitcoin will continue to exist, so I believe that there is no wrong time to invest in it. But your best bet is to invest in it long term. So find funds that you know you won't need soon and invest it in Bitcoin.

 

[Mayorla]

Yes, to me I think it is a good idea to buy Bitcoin in year 2023.
Though, the market is still experiencing a bear season but I know we would experience a bull season soon and the crypto market would begin to pump one more time.
"Get greedy when others are fearful, Get fearful when others are greedy"

 

[Kennysplash]

Yes, to me I think it is a good idea to buy Bitcoin in year 2023.
Though, the market is still experiencing a bear season but I know we would experience a bull season soon and the crypto market would begin to pump one more time.
"Get greedy when others are fearful, Get fearful when others are greedy"

It is actually the bear season that is advisable to invest the most. We know that the price is far below the all time high, so we can only hope that it will rise again if you invest when in it when it is low.

 

[Mayorla]

It is actually the bear season that is advisable to invest the most. We know that the price is far below the all time high, so we can only hope that it will rise again if you invest when in it when it is low.

Yes, The bear season is the best time to invest in any crypto currency.
During bear seasons, There are usually fears in the mind of Crypto currency investors.
During this period is the only time you have to buy Bitcoin at a cheaper price before it begins to rise up again.

 

[Kennysplash]

Yes, The bear season is the best time to invest in any crypto currency.
During bear seasons, There are usually fears in the mind of Crypto currency investors.
During this period is the only time you have to buy Bitcoin at a cheaper price before it begins to rise up again.

Someone always says that the best time to act is when others are afraid. This is true in investments as well, but you have to be very careful about it. You don't want to lose your hard-earned money as well.

 

[Deyiang]

When it comes to business it is all about risk taken and most of the time the risk pay off but some times it doesnt but i observe is that it is good to buy the coin now and i believe it will still rise again

 

[Kennysplash]

When it comes to business it is all about risk taken and most of the time the risk pay off but some times it doesnt but i observe is that it is good to buy the coin now and i believe it will still rise again

Although we can say it is all about risk but we still need to be careful. When we see that it will not pay us then taking risk at that time will not be favorable. But bitcoin is still a great source of investment for now.

 

[Deyiang]

Although we can say it is all about risk but we still need to be careful. When we see that it will not pay us then taking risk at that time will not be favorable. But bitcoin is still a great source of investment for now.

Yes I agree with you though I believe there are some calculative in every day of our business activities we involve in risk taking and risk management. Well, there are people that just invest without taking those analysis into consideration. For me I will still invest in Bitcoin

 

[Wisdom01]

The last time I checked I think it was at $26k , I believe that it would actually boost with time , investors that want to invest should actually place emphasis on buying at the convenient time and holding up

 

[Kennysplash]

The last time I checked I think it was at $26k , I believe that it would actually boost with time , investors that want to invest should actually place emphasis on buying at the convenient time and holding up

It will suddenly do better in subsequent months to come that i am aware of totally. And the fact that it is very far in price now compared to it's all time high shows that now is a good time to invest.

 

[Xrin Nightfall]

Investing in Bitcoin and other cryptocurrencies can be a highly volatile and high-risk investment. While some investors may see the potential for high returns, it's important to understand the risks involved and carefully consider your own financial goals, risk tolerance, and investment horizon before making any investment decisions.

 

[Kennysplash]

If we are looking at the price actions for the past months we can say that it has not really been encouraging. But I still believe now is the right time to buy some and keeper as long-term investment.