Post
Topic
Board Economics
Re: Is this the correct time to purchase bitcoins and al-crypto?
by
Harrow30
on 10/11/2018, 22:54:20 UTC
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.


I will say that buying if cryptocurrency at this time is personal and from one's detailed analysis do e and not necessarily through just survey from ordinary persons. I can recommend that it is safe to buy now and hodl till about 2-5years from now to get some real profits. But if you can learn the nitty gritty of trading, you can as well buy in now and make some real short time earnings too.