Post
Topic
Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
vagsun
on 07/09/2018, 18:36:23 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?

Right now btc is equal to $6.4k.So according to me btc will not fall from this value. The worst value can be 6k. So I think you should enter the crypto market now and invest as much as you can. As today the price of btc is too low, so you can earn greater profits after some time when btc will reach its peak. So I would say, this is the best time to enter in crypto world.