Quote from: Muzika on May 22, 2018, 11:50:10 PM

Quote from: give on May 22, 2018, 11:32:44 PM

1 BTC = $7,992.71 is it now the right time for a person to buy bitcoins and keep to earn more profits OR i still have to hold?

For me it is a good time but i also will say it is not the right because we cant say how the market will respond over the hour so it can go upward or downward so in your decision you can buy now and if the price goes up good for you but if the price goes down you should hold it until the price goes up again or do a small time trading for you to earn even a little.

I wonder why someone would be seeing a good price like this and still ask if it is good enough to buy or not. No one can know how much or how low bitcoin will get and who knows, it may just bounce back from here.

The reason why a lot of people join FOMO is because they miss the bottom and while waiting for it to fall back lower, it just does not and at the end, they buy at the top and if luck just does not seem to get on their side, they always panic, make a mistake and sell at the bottom. Now is a good chance when the market is low.