Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you
Before you invest with bitcoin you must have a background knowledge about it so that you will know how to handle your coins during pump and dump. First thing you must know when to buy and when to sell because with this you can earn big profit. So invest now and be a millionaire tomorrow.
As I see how bitcoin works as an investment, I think it is good time to buy bitcoin after a badnews like forks and bans on it because the price becomes too low since many people are panic selling then enjoy it after the price comes back or wait until your preset value have been reach.
No, for now, buying is not suitable. Prices are too much high as per the price charts are showing. You need to wait until prices are getting low for upcoming fork. This is casual thing in bitcoin world. Dont just assume bitcoin will fall, no it will not fall just going down to come up again and with more force jumping more than $6000. Holding your amount, keep hoping.
Who says that buying is not suitable who knows what will happen in future maybe prices will go so high that only rich people can buy it so buy now if you have revenue because bitcoin is moving in up direction and this thing will keep on moving now because hurdles are cleared and now there is nothing who can stop bitcoin so buy now and hold for some time you will get result from very next moment of buying