It was Now at $3, it was Now at $100, it was even Now at 19000.
You cannot predict the bottom/top or every crash/bullrun.
Just buy Now.
Buy on the way up and the way down.
Dont go and sell your house.
I’m buying $10 worth every week.
But I already have a good amount stored in a wallet.
So dont ask, just do!
8000% growth after each subsequent low.
Shit is gonna look tiny compared to the next bull peak, possibly around 200k.
So yes, listen to OP.
Its been said that there are 2 great times to buy.
One was in 2011, the other time is always right now.
(And go ahead and plant a tree too while your at it)
ppl had your same reaction when they sold at the top of $500. so asking “whens the dip” to buy in is dumb.
Buddy, if you are a holder then it doesn’t matter when you buy BTC.
I do believe crypto is still in infant stage and we are still yet to see what comes in the future.
For those are asking, guys, you can use these 3 Best Crypto Exchanges recommended by other Redditors to buy BTC and other altcoins.
You should buy if you understand & believe in what bitcoin’s trying to do.
If you do anything else, you may be lucky with bitcoin, but you’ll eventually be parted from any profit you make by plausible-sounding crooks working some grift or other.
Buying Bitcoin now is hell of a lot smarter than buying at the end of last year. This is all anyone knows
Depends on your time frame, I bought in 2015 at $350, then it dropped below $200, I continued to hold and sold a good amount at $12k last year.
I have been thinking about getting I to crypto for a while, but now seems like the perfect time.
Prices dropped today so I think tomorrow will be a good time to buy my first Bitcoin.
Ill probably but $100 just to get a hold of the process and then slowly buy more over the coming days and weeks. I just made a coinbase account because I read that they were the most trusted.
Now is a pretty good time to get in I would say.
Be willing to wait another 2-3 years for a new ATH though.
Just be patient and invest small amounts regularly.
Never make debt to invest!!!! Only invest what you are prepared to lose.
I have heard people say that. Once I buy the bitcoin, how would I go about transferring it to a different wallet or securing it?
Let’s be honest.
Hi, so I only have £10,000 in savings, for that I can buy 1 bitcoin and have just over a grand left over.
Should I do it? It will probably take me the rest of my life to save up that kind of money again but I also really want to buy a house and if all this conspiracies are true that the bitcoin will jump up to 100k in the next year or so.. I want in.
Bitcoin can divide to 8 decimal places, with the lowest denomination being a Satoshi.
If you can’t afford to risk all your saving, buy 50 million satoshis instead.
Why not just invest 10% of that? Why do you have to go all in on some conspiracy? I’d say diversification is a safer choice
A stone a day into the pond is better than the whole handful at once. If you prefer to put all your savings into BTC, the best bet would be to continually add over time.
diversification does terribly in contractions.
When I 1st came to the crypto the price of BTC was $3k or something and after some day its hit $10k with a jump and keep going and going..
I didn’t even believe my eye that what is happening….
But now its come in low price again and not jumping for a long times…
Should I buy it now or it will come more lower? I’m felling confusion about this.
Please help me what should I do..
There will never be “the right time”.
Investing is about taking risk and learning from failure.
Would I say now is a good time to invest, yes.
Do I think the market will go even lower, yes I do.
My strategy is investing on a bi-weekly schedule, regardless of the current market situation. If I were you I’d invest 25-50% of what you’re wanting to spend now and keep the other 50% liquid to invest in small amounts as we go down or up.
Look into dollar cost averaging if your interested in the long term and want to minimize risk.
Is the global financial system still based entirely on fiat currencies? Yes.
Is the long-term average ROI (return on investment) for Bitcoin more than 100%? Yes.
Would an ignorant person turn their back on Bitcoin in light of the current situation? Yes.
Would you have to be pretty dumb to NOT want to own some Bitcoin at this point? Yes.
Is Bitcoin going to become the next Global Reserve Currency? I firmly believe so.
Make sure to send me a message when it actually operates like this.
Keep in mind I’m anything but a Bitcoin bear and have been around for years.
The thing is it still trades like a risk on asset.
Period full stop
Mostly good stuff! Just remember a tech or math advancement could change things over night.
it always starts as “only a small part of your net worth”, but a few years later it inevitably is 90%+ of that
Yeah I started small last December but there were so many dips to buy that now all I have is innernet money.
Hyperinflation could happen to any asset. However, it seems cryptocurrency, unlike most fiat currencies actually can recover after such event. Can’t think of any fiat currency that has recovered after a complete loss in it’s manipulated market value.
obviously with Bitcoin the depreciation is not caused by inflation, so I think it’s not a good comparison.
I was expecting something somewhat funny but this is actually good.
I normally stick to investing in stocks and shares.
I’ve pulled my money out of shares because I think a correction could happen this year or next.
I don’t like holding cash and have been considering other investment opportunities.
I have no money in Crypto at all and thought it might be worth a shot.
I would probably purchase one whole Bitcoin and leave it at that. I see Bitcoin as a speculative buy so would buy in prepared to lose 100% of my investment.
With the high risk can come high returns and that makes it worth it for me.
Like many others, I would hope it can get back to the prices of late 2017.
Anyway, as I know little about Crypto I thought I would ask for some opinions on here. Is it worth buying in right now and holding?
For Christ’s sake man don’t ask reddit for financial advice.
Is now a good moment to buy bitcoin now that it’s kinda low? I need expert’s opinions.
This is the only true answer. Buy every day/week/month with what you can afford to lose.
I am no expert at all, but rn everything below 9k would be pretty good to me. Use a calculator like dcabtc.com to calculate your returns.
If you’re in it for the longterm, it’s always a good time to buy Bitcoin.
If you’re trying to time the market you’ll find it next to impossible.
It’s important though that you don’t invest more than you’re able to lose.
I think buying now and on any downturn for the next 5 months and then hold into 2021 through the halving and catch that slow grind to a new all time high.
Just my opinion.
Do some sort of cost averaging.
Revisit strategy periodically, but usually not right in the middle of a major swing.
There could only ever have been, at most, 21 million BTC — scarce, by design.
Hint: More than a pizza. Maybe an entire chain of successful pizza restaurants?
The best time to buy Bitcoin was over 8 years ago – the second best time is now….
There will not be this price anymore, as it not anymore 1e, 100e, 1000e…
It’s always the right time to save money.