Post
Topic
Board Bitcoin Discussion
Re: Is this a good time to invest?
by
btcsmlcmnr
on 03/12/2020, 02:14:03 UTC
Is it a good time to buy bitcoin, for a not too long term investment? And not just a couple of bucks but rather with a sum that would definitely sting (but not cripple) if the pendulum swings the wrong way.
If your plan is not for a long term investment, you should not buy bitcoin at the moment. The market is within a very important period after being overheated for many weeks, from DeFi tide to bitcoin rise.

It is good if you will invest by your money, not from any loan. You will have less pressure when market turns bad. At least you can hold your bitcoin longer than what are you are planning to do.

What do you want to get back from your investment? It is profit and profit will be consider by ROI (Return from Investment). It does not make sense on which price you join the market, if you can get same percent of interest for your investment. So yeah please choose a safe entry price that is healthy dip.  Smiley