Post
Topic
Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
BlackBeauty
on 14/08/2018, 23:57:30 UTC
Bitcoin prices plunged from $4900 to $3300 withing pan of few days. Now some news-points from bitcoin world are claiming this price plunge was planned. Check following links:

https://news.bitcoin.com/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/
http://btc-flow.in/2017/09/16/after-the-boss-calls-bitcoin-a-fraud-jp-morgan-buys-the-dip/

Now without going into whether above claims are true or not, my concern is "Isn't this is the right time to enter the bitcoin market or purchase few more". There is definite signs of improvement in the bitcoin price market. Current price is around $3757. It is quite possible to see bitcoin back to 4k to 5k or more. Given biggest players from finance sector are eying this lucrative market.
What do you think, is this is right time to buy some more bitcoins or wait and watch?

You can see that bitcoin prices are beginning to recover slightly after touching $ 5900, now bitcoin prices have started to recover to $ 6100 level and are still on the recovery. So I think you should buy bitcoin at this time and do not keep altcoin. The market is bearish and I think you should sell the bitcoin when the price reaches $ 6800.
yes, it will more increase till the end of 2018 as like 2017's end and that's why its price will more double, people should buy more bitcoin and hold it for long term because they will get best profit so holder will more happy about their profit, so that's why it is my opinion to all those people who want to a lot profit in future so they should buy more bitcoin because their future will more secure for their family and that's why they will provide every facilities as they want.