Ninjastic
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Board Economics
Re: Is this the correct time to purchase bitcoins and al-crypto?
by
jonatuzc
on 31/10/2018, 08:36:02 UTC
Quote from: Yusuf77 on October 27, 2018, 10:24:57 AM
Quote from: Rejevunator on October 27, 2018, 09:36:45 AM
Quote from: cmacwiz on October 25, 2018, 06:45:54 PM
Quote from: lordquanta on October 09, 2018, 05:01:35 AM
Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.

Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin  novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
Well yes I do believe that it's a good time to invest money in Bitcoin and alternate cryptocurrencies right now as right now the prices of bitcoin and alternate cryptocurrencies is comparatively low because of which it's more profitable to invest money in bitcoin and alternate cryptocurrencies.
There is no good or bad time to enter in crypto world. I have seen people enter in bearish market and still lose and also people entering in bull market make no use of the conditions. The most important thing is how you trade with strategies.
yes you are right, everything we can do if we have the capital and the intention to do something we want. of course, if we want to make a profit we must be smart in finding opportunities and being patient is the key to success of a trade.
You have mentioned so many things in one line. The main thing is the mind set. If you have a business mind set, you would work on your ideas round the clock and it would then be great enough to attract the costumer which is business.

But ideas are worthless without execution and as long as you do not act, you are not a businessman. Besides, opportunities open their doors if you are smart enough to point out pain points in the existing market and be able enough to make happen the impossible.