Post
Topic
Board Speculation
Re: Is this a good time to invest?
by
bitmover
on 03/12/2020, 16:59:40 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.

The market was in a downtrend for 3 years. Now that we are at ATH you want to invest? And you ask our opinions here, for short term?

Well, I think it is crazy to buy a huge amount now.

In my opinion the best is to buy a little every month, no matter the price, for years. This is a long term investment, and if you don't plan to hold it for at least 3 years it is basically gambling.

However, fundamentals are solid now: Paypal, Halving, Corona Virus Crisis and money printing.... But the price may just dump 30% next week and we may face a long 3 years downtrend again.

I am here for 5+ years.