Post
Topic
Board Speculation
Re: Is right now a good time to buy Bitcoin / Ethereum?
by
Omega Weapon
on 13/06/2017, 01:23:39 UTC
Hi,

I know you guys get asked this all the time. I'm new to cryptocurrencies, trading and I've never been involved in any sort of forums before either, so i'm sorry if I've posted in the wrong way.

I'm looking into the happenings at the moment and trying hard to catch up. It is a lot to digest and I think there are important dates coming up that I need to be wary of. It seems July/August are to be big dates for Bitcoin and I am trying to understand if i have already missed the boat and if the risk/reward is too high/low.

Am I right in thinking that the value of bitcoin could swing either way with a 50/50 chance after this date?

Is the current general thought for investors that after August, there might be a large dip, but it should recover to eventually get our 500k valuation (in a long way off), or if it goes south would it be dead in the water?

With the current spikes and new all time highs in the price, would I be buying in too high at this point?

Would i be better to buy as much as I can before these dates or would it be safer to wait until after and then buy in?

Sorry if have some misinformation.

Thank you for your time!
 
Ethereum is growing like crazy in this last month the last time I saw it was just 6 billion dollars behind bitcoin in market capitalization and if things keep like that then it may surpass it for a little while but to be honest I think that is a bubble and soon enough the price will need to correct itself so you need to be careful about the way you invest your money at the moment.