Post
Topic
Board Beginners & Help
Re: Is now a good time to buy some BTC?
by
jrtm
on 09/02/2018, 15:23:21 UTC
I'm still a beginner in the market as I only joined late December last year. But, I think I possess a decent amount of knowledge on the whole concept of cryptocurrencies i.e. decentralisation and removing the middle man via the blockchain technology. I'm really excited to see how far these coin and token projects and I do hope they remove the need of a middle man. So I am investing to not just for profits.

I'm 17 so I've had to set up on exchanges under my mom's ID and bank details which has been awkward. As I live in the UK I use Coinbase, GDAX and Binance I do have accounts set up on Kucoin and Cryptopia but haven't verified ID on them. I currently hold a small porftolio of around $30 with half being in BTC and small positions in SUB, TRX, RCN LTC AND ADA. As I'm young I don't have a lot of money to throw around which is really frustrating because I know how much more I could make from this.

Anyway that's just some background info. I've currently got €45 in my GDAX account and I'm unsure when to buy BTC, I was about to buy when it was around €4,600 but bottled it because I was unsure whether it would drop even further. I know I need to DYOR and I've taken some recommendations of good news platforms yesterday such as Coindesk and Cointelligence and other websites such as this one. I also follow useful accounts on twitter, big exchanges and the coins I'm interested in. But, I'm still sitting on the fence whether to just buy today, I've read around that we've hit the bottom of the dip and BTC will go on a bull run. What are other people's thoughts? Also feel free to give me any constructive criticism or advice, I'd really appreciate it. This is my first ever post on anything crypto related.

To me it is the best time to buy BTC as the price is much lower these days and soon after chinese new year or by the end of Feb the price will start to rise again. So guys this is the best time and do not wait for it to come down further; that might not happen.