Post
Topic
Board Trading Discussion
Re: Is it a good time to start buying bitcoins?
by
denisaardelean
on 11/08/2018, 23:00:19 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 you should not start to buy bitcoin, you can see that bitcoin prices are dropping sharply in the past and there are signs that will be able to keep very deep down, ddang market In long-term bearish and my analysis, bitcoin prices will be able to adjust to the $ 5800 level and then recover in the short term. So you should wait for the bitcoin price to drop.