Post
Topic
Board Speculation
Re: December 2018: Is this a good time to enter bitcoin if you have cash?
by
South Park
on 11/12/2018, 15:51:43 UTC
If you want to enter and buy bitcoin, maybe now is the right time. That's because prices have gone down very far, don't wait for prices to fall again because if at any time prices go up you will lose the opportunity. It's better to immediately buy later if the price drops again to buy again. I am sure that next year prices will recover and continue to rise.
But those that take the risk of buying cryptocurrencies at the current prices need to be completely sure about what they are doing, if the price went immediately up after they bought then it is going to be very easy for them to hold their coins but if the price keeps going down after they buy they are going to be assaulted by all kind of doubts about their decision and many will sell for an even lower price.