Post
Topic
Board Speculation
Re: Time to buy Bitcoin?
by
Ferris419
on 03/10/2019, 18:14:21 UTC
Bitcoin at a low price obviously the best time for buying. But is it a low price? No one can ensure you what gonna happen in crypto in the next morning. If you feel this is a good time, then buy now. Don't make a quick decision about investment and forget about quick profit in this current situation. If you feel you can hold Bitcoin for a long time, whatever happens, you don't care, then buy now. Soon or later, you will get a good output.
Yeah, the situation right now is totally unpredictable as we can't predict how much low it would get. However, I think 7k$ could be a barrier that could stop it from declining even further. But still, the future is quite uncertain so I must recommend you to take each and every step wisely as only then you'll be able to get a good amount of profit...

You are right. The Bitcoin price movement seems really unpredictable. But it holds the 8K USD zone strongly, so, 7K USD seems not gonna happen. Rather, I hope this month, the Bitcoin price will bounce back to 9K to 10K USD. I will change my mind to buy Bitcoin if it comes under 8K USD in November.