Post
Topic
Board Trading Discussion
Re: Is it a good time to start buying bitcoins?
by
BlueStackz
on 12/09/2018, 07:48:15 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.
I believe you should not buy Bitcoin at this time but please be patient, you can see that the market is fluctuating continuously and it is hard to guess, Bitcoin prices will be able to continuously fluctuate and adjust very strongly. Currently bitcoin is adjusting at $ 6500 and I believe bitcoin prices will probably drop to the $ 5000 mark in the coming time.
Okay so if you are expecting further fall and dump, you must be planning to invest when the price is the least but I do not think anyone will sell their coins when the price is so low. In other words, people prefers to the holding strategy when the market is down.

So I would advise you to invest in the coins right now and make great strategies to earn irrespective of what the market looks like n because there is always a chance to earn and the price of Bitcoin might surge high till the end of the month.