Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin uptrend now?
by
Ailmand
on 18/01/2018, 08:48:49 UTC
market is green today. Do you think the uptrend is coming?
Do I should invest some?

You should have invested when the market is down like what happened yesterday. Yesterday, the whole crypto market is on sale. Now, the price have already recovered. We cannot tell yet if this will continue to be a bull market. We can only hope. This can still go down since FUD is not yet over.

I agree. It follows the age-old concept of "buy low, sell high". By doing this, you get to have more assets in your holding that you have bought for a meager amount rather than spending too much capital in a coin, wherein your money can only buy some amount. By buying coins, both bitcoin and altcoin alike, when the market is down, it gives you more chances of buying high quantities of coins, or on the other hand, buying more kinds of coins, thus, diversifying your holdings. In the cryptomarket, you always have to be updated with the current news, and you have to always make calculated moves, or else, the market will eat you up since it's always changing.