Post
Topic
Board Trading Discussion
Re: Is it a good time to start buying bitcoins?
by
margert
on 07/08/2018, 17:01:00 UTC
Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
At this point I think it is not the time for you to buy bitcoin at the best price, you can see that bitcoin prices are constantly fluctuating and falling sharply in the coming days, so at this point you only Invest in short-term and continue waiting for the next evolution of bitcoin prices. The market is back to the bear market so bitcoin prices may fall to $ 6000 in near future.