BTC-Buy or Not Buy

kgf

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Is it wise to buy bitcoin in the present time or we should not buy bitcoin?
 
Between halving and Satoshi moving his bitcoins, I think the whole crypto world is in a bit of a mess. You can capitalize on it and risk, or wait till it settles and earn less, or not earn at all.. It's up to you..
 
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just be sure to invest what you dont mind losing. its between gambling and investing right now. high risk/high reward
 
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You'll get much better short term return on some smaller alts.

BTC is overrated for short term growth. HOLD BTC when its cheap and that's it. Either to the moon or nothing. You don't want 30% you want 500%
 
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yes compared to alts, btc is better. but the entire stock market is full of good deals, so you could find something less risky with great upside there
 
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It is a good time to buy Bitcoin when you believe in Bitcoin's mission. If you think that Bitcoin is economic freedom; Bitcoin will change the way you trade, buy goods and transfer money. It is always a good time to buy Bitcoins.
 
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BTC has a good chance of coming down now.. Optimal buy point could be around $5k.
 
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yes compared to alts, btc is better. but the entire stock market is full of good deals, so you could find something less risky with great upside there
But it has been pumped so much that one bad news can make it come crashing down badly.
 
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I've read so many articles saying so many contradictory things... Truth is that nobody knows. I've read that it was a good time to buy because the "best" investor ever said he invested 2% of his wealth in BTC. A couple of days later, someone moves a few BTC and everyone thinks it's Satoshi and the price drops in a matter of minutes. I just read that some investors believe it will go down to $6000 before going up to $150 000 by the end of 2021.

If you can afford to lose a little bit of money, invest now. It will probably get back to $10 000 in the near future. Or just wait to see if it goes back to $6000 in the next few weeks and see what theories are the most accurate. Anyway, it's still pretty much gambling.
 
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It depends if you want to invest in BTC or trade it. If you want to invest, which means long term, it's never late to do so. If you want to trade BTC, probably not the best time as the price fluctuates a lot at the moment and with good probability you will find a good entry point in a few weeks when price drop to $8xxx.
 
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Personally I'm going to invest some money into BTC and hold it for at least 5-10 years. I think in the long-run BTC price will go crazy.

Crypto is here to stay.
 
Yes, it is a good idea to buy before it crosses 10K USD, never to return to 4 digits
 
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I think it depends on you whether you sell bitcoin, but I can suggest you that if the price of bitcoin is good then you can sell, then you can make profit, otherwise you can trade with bitcoin.
 
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Here's what it did after the last halving (long and flat for months):


Here's what it's done so far (long and flat has only just begun):


It ain't pumping any time soon, most likely range bound and relatively flat between ~$4k and $10k.. next year it should start getting frothy towards the middle of the year.
 
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Crazy times right now.

I might need my cash for survival so no, not buying BTC right now.
 
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Timing your purchase is half of the success. You do it when nobody wants it. Crashes will always happen.
 
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It's crazy how many of these threads are popping up lately.

If you are contemplating buying it, and even have to ask in a forum if you should buy or not, then you really should not.

Your money, your decisions.
 
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