Why shouldn't we buy bitcoin right now?
- Thread starter Red Yonko
- Start date
Red Yonko
Senior Member
- Oct 15, 2019
- 819
- 234
As I said Im inexperienced with bitcoin. Can't you just exchange bitcoin with paypal? https://www.google.com/search?q=bit...0l5j69i60l3.2624j0j7&sourceid=chrome&ie=UTF-8
ArsLilith
Registered Member
- Jul 23, 2019
- 80
- 10
Don't buy right now , wait for like few week , and its not a sience its just speculation my advise its too
wait until bitcoin reach 4k then start buying , there are a risk that bitcoin reach 3k but risky to wait until 3k , keep in mind that in longterm bitcoin will reach back 10k or even more so just take your money that you have in a safe side invest it in bitcoin when he is less then 5k and your are sur that you will get some bucks the few next week
I don't know futur but its just what i think ,
wait until bitcoin reach 4k then start buying , there are a risk that bitcoin reach 3k but risky to wait until 3k , keep in mind that in longterm bitcoin will reach back 10k or even more so just take your money that you have in a safe side invest it in bitcoin when he is less then 5k and your are sur that you will get some bucks the few next week
I don't know futur but its just what i think ,
- Mar 21, 2013
- 24,780
- 31,549
Everything is risky right now. Stocks, bitcoin, everything.
Safest thing to hold is US dollar cash.
Safest thing to hold is US dollar cash.
Red Yonko
Senior Member
- Oct 15, 2019
- 819
- 234
I remember you from a thread where you sold many Tezos. Wasn't this risky? I mean you could lose many dollars. What made you buy so many tezos?
WebPirate
Registered Member
- Jan 11, 2018
- 61
- 15
Inflation will rise because they are printing billions. Money is in fact risky to hold but no one sees this. I think gold, bitcoin and bricks are way more safe to invest in.
- Mar 30, 2018
- 12,094
- 14,359
It’s a good time to buy it with the halving event just two months a good time to buy it
- Mar 21, 2013
- 24,780
- 31,549
They're actually printing trillions. But I still think cash is the safest asset out there.
If cash collapsed, how would you even sell gold or bricks.
WebPirate
Registered Member
- Jan 11, 2018
- 61
- 15
Bitcoin xD
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Deleted member 1313244
Guest
I don't have anything to invest, but going to only use bitcoin from now on, in my opinion it's hit the floor.
Krypticlol
Registered Member
- Feb 25, 2017
- 74
- 71
I don't disagree with you here, USD is a safe bet. But when times are like this they present investment opportunities that can change your life forever. BTC is a risky and speculative asset class and is being tested in current economic situation as a safe haven.
OP - I would advise staggering your trade in if you are going to buy now. For example if you have $1000 to invest in BTC I'd personally split it into 3 -4purchases.
Hypothetical situation:
The first purchase on day 1 - $250 worth of BTC at $6000
Second purchase on day 2 - $250 worth of BTC at $5700
Third purchase on day 3 - $250 worth of BTC at $6300
Fourth purchase on Day 4 - $250 worth of Abtc at $4900
This helps you spread out the risk.
magicjones
Power Member
- Oct 10, 2018
- 608
- 367
It's all being manipulated by insiders, never a good time to buy Bitcoin unless you're lucky. Most times it depreciates. I get rid of it as soon as I get it.
TH3T41K
Newbie
- Apr 7, 2019
- 25
- 25
If cash collapsed you could not exchange it for cash then. But still gold is something that has proven to have it's value overtime as it is a rare metal. Gold is some of the safest things out there where you can lock your profits. If not for cash you might use it to exchange for anything else as you don't necessarily need to use cash in trades for other things.
- Mar 21, 2013
- 24,780
- 31,549
When the markets crashed on March 12, gold crashed too. Everyone was saying gold and bitcoin were safe, then both collapsed along with stocks.
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Deleted member 1313244
Guest
Everyone wants cash, dollar at all time high