Post
Topic
Board Speculation
Re: Is it too late to buy bitcoin?
by
Chris314
on 26/11/2017, 09:44:31 UTC
Hello,

 I will invest in BTC as soon as possible but the price is almost $9k now. Do you foresee any possible price decline in the near future? Or should i just buy it despite the high price?
Keep in mind i'm thinking to hold the money for atleast a year.

Thanks

For long term investment it's advised to buy, even at high price, with the hypothesis the price will continue to rise in 2018.
Before buying, you can observe the market for a while and wait for a dip, but no one can tell you for sure there will be a dip in the near future.
There will be corrections in price though, as price rising is never continuous. But it's impossible to tell when the correction will be and whether it's cheaper now or while the correction.