Post
Topic
Board Speculation
Re: Is it a good idea to buy some bitcoin now?
by
haroldtee
on 08/01/2019, 15:49:11 UTC
seeing current bitcoin price movements is the biggest opportunity to buy more bitcoin because many people expect bitcoin prices to increase in the coming months, so use the best opportunities when market prices are declining
I will definitely agree with that, price has already bottom so price from now will most likely go up only.
The decision is from us, if we are afraid to invest then we will miss this opportunity but if we believe, we can surely expect good things in the long run.
I'm only suggesting for someone who intends to invest in bitcoin but he still has afraid in him then I don't think that's a good idea. Investment in bitcoin is different from investing in land, real estate or other investment places such as bitcoin cause you cannot sell quickly when you have just bought. Bitcoin prices can decline dramatically when someone has just bought, you can distinguish from other investment places.
Certainly! Before investing in anything at all, you basically need to understand the risk involved, the reason why you are investing and what you believe in when it comes to what you are investing in. If you do not come to terms with all of these things, there is every possibility you will find it very hard to make it as a successful investor in this market.

I am of the opinion that the market has hit a rock bottom, and we might stick around this zone for a while or probably if I am wrong, we may have the final stage of capitulation and that time, I really would not be slowing down to buy, I will be rushing to buy, knowing the great potential that is present in this market.