Post
Topic
Board Economics
Re: Is NOW the best time to buy or enter in bitcoin?
by
mel1978
on 06/10/2018, 04:44:48 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?

At this time is still the best time to buy bitcoin since the price is still low and have the chance yet to rise in the future. Bitcoin for me is a very good investment since it the mother of all digital coins. So bitcoin has the big chance to boom soon and will hit at the top of the market. If want to invest bitcoin do not waste your time buy and hold and wait for the right time then.