Post
Topic
Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
Blinker123
on 18/09/2018, 08:20:28 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?


Yes, for me it is the right time to buy bitcoin now, you can buy bitcoin now because bitcoin price is too low. After buying bitcoin, start holding it for a long time because bitcoin is a long term investment. Be patient on your profit, stay positive at all time.