Post
Topic
Board Trading Discussion
Re: You saw the BTC price WOULD YOU BUY!?............
by
adzino
on 15/01/2021, 07:43:01 UTC
You saw the BTC price this month increase, would you buy it and hold it for a long time? been hesitating when I want to buy  BTC today but before that.
I want to read opinions from you all if it is okay?
Sure, if you can afford now, then buy. As long as you are planning to hold for long term, then go ahead, there is nothing to hesitate. By long term, I mean if you are planning to hold for several years. Look at the charts. The price is increasing on average as years passes. So if you invest now, in the long run, you will make profit. Just don't, if you can't afford loss and thinking of making some quick profit.
So, I heard from one friend that it is a wrong decision when you people buy rising stocks value most likely to go down, is it different from bitcoin? is it right or wrong? I also made research but it's the opposite. Hope to get answers from real users because some websites I read also have comments but I don't trust it, it might be a bot or a scam.
Use your own instinct and your own ability to take decisions. The more you hear from people, the more confused you will be especially when it comes to investing in crypto currencies.