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Author Topic: IS IT TOO LATE TO BUY BITCOIN?  (Read 17001 times)

Offline doc

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #45 on: January 11, 2021, 08:25:04 PM »
Recently I’ve been asked by many people whether it is too late to buy BTC...
My Answer is NO

As we know in a bull run we have always a correction from 30 to 50% or more or less.

In the time of writing this post BTC price is 
$ 40,559. From this point BTC price could hit 3X to 5X.  That means its not too late.

My best strategy for buying bitcoin is DCA ( Dollar Cost Averaging )

Please check the CMC, bitcoin is going down. I think It is the right time to buy bitcoin mate.

I agree with you. Almost all of crypto price are going down now. I think It is good time to buy. It is  not too late mate.

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #45 on: January 11, 2021, 08:25:04 PM »

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Offline mlawson71

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #46 on: January 12, 2021, 07:30:33 PM »
Considering how it's dropping soon it may be time to buy again, I think.

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #47 on: January 13, 2021, 09:35:55 AM »
I still do not recommend it, as I said it is always time to buy, but it is still too expensive. If you think that Bitcoin will hold at the current price ($37,700), I think you are wrong. Got to go even lower, now he's fighting to stay but he can't hold out. I personally would wait longer and see how far it falls and where it meets good resistance.
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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #48 on: January 13, 2021, 01:53:10 PM »
In fact, I think this is the right time to buy Bitcoin, because currently the Bitcoin price is going down. So you can collect Bitcoin and several other coins. take advantage of this opportunity well.
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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #49 on: January 16, 2021, 05:26:53 PM »
No, I think It is the right time to buy bitcoin, if you want to short term  investment or daily trading. But If you want to hold for long term ,it is too late because the bitcoin price is so high. It is really more risky.
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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #50 on: January 17, 2021, 10:06:36 AM »
Bitcoin prices have risen a lot. Those who bought Bitcoin in 2020 now get double the profit. You're right, I think we're too late to buy Bitcoin. When the price of Bitcoin is a bit low, it's a good time to buy Bitcoin.

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #51 on: January 17, 2021, 11:26:57 PM »
Bitcoin prices have risen a lot. Those who bought Bitcoin in 2020 now get double the profit. You're right, I think we're too late to buy Bitcoin. When the price of Bitcoin is a bit low, it's a good time to buy Bitcoin.

If you compare with bitcoin price at 2020, when the bitcoin.price is still low. I think It is too late. But for now we can get profit by investing in bitcoin for short term and daily trading. So It is also profitable bro.

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #51 on: January 17, 2021, 11:26:57 PM »


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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #52 on: January 17, 2021, 11:59:16 PM »
If it is for now, probably yes, almost late, moreover the price of Bitcoin is likely not too significant increasing again, only at that rate between $37k. It ever reached around $40 and now still cannot reach that amount. However, if it is for the long term again, it may not be late because you may still keep it for the next bull run of Bitcoin.

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #53 on: January 18, 2021, 08:21:55 AM »
However, if it is for the long term again, it may not be late because you may still keep it for the next bull run of Bitcoin.
I agree with your opinion, it is never too late to buy bitcoin if the goal is for the long term, because the maximum supply is limited and the market demand that continues to grow every year will make bitcoin prices continue to rise higher, so today's price (around $ 35k) is the price is cheap if the target is to sell it for around $ 100k or $ 200k.

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #54 on: January 18, 2021, 11:11:40 AM »
Bitcoin prices have risen a lot. Those who bought Bitcoin in 2020 now get double the profit. You're right, I think we're too late to buy Bitcoin. When the price of Bitcoin is a bit low, it's a good time to buy Bitcoin.
Yes, I agree with you as we are too late to buy it. Our only chance was to buy it when it first falls to $5000 in 2017 or we have to buy it in the price range of $8000 - $10k but now its price is too high.
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Offline ranaprime

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #55 on: January 18, 2021, 04:09:56 PM »
Actually when btc price stay in $10000 we thought that we may late to buy btc. Again when btc reach $20000 we also say in the same way. Now it is 36348.56 so what should we say? i think it is your decision. Crypto market is volatile and risky platform. We have to everything by accepting volatility and risk. In this concern i can say that it is not too late to buy bitcoin.

Offline shadowdio

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #56 on: January 18, 2021, 08:11:01 PM »
Yep it is not late to invest in bitcoin because it could increase more and make a new all time high in the future. When bitcoin was around $20k I thought that it was too late to invest because it was already reached on the top price but no I'm wrong, bitcoin suddenly pumped and hits $40k price. If I invested bitcoin when it was 20k I doubled my money now.

Offline Prime

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #57 on: January 18, 2021, 10:32:44 PM »
No, it is not too late if you really want to buy Bitcoin. There is enough time to buy Bitcoin before the Bullrun. I think we are now in the situation to go to a better improvement in Bitcoin value. Since the price of Bitcoin soar recently, I think it is a good time if you want to buy Bitcoin for a short term target.
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Offline Mahindra

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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #58 on: January 19, 2021, 04:43:15 AM »
I think if I had bought Bitcoin a long time ago, I would have made a lot of money now. Currently, the price of Bitcoin has increased significantly. A few days ago, the price of Bitcoin was over $41000 dollars. But now the price of Bitcoin has touched $36,000 dollar by dumping the market. However, we think that the price of Bitcoin will cross $50000 dollars in 2021. So if we can buy Bitcoin now, then we can definitely benefit in the future.
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Re: IS IT TOO LATE TO BUY BITCOIN?
« Reply #59 on: January 19, 2021, 05:06:42 AM »
I think ok this is not end to buy Bitcoin. Because Bitcoin is is all time most popular coin in cryptocurrency. It is very demandable and valuable coin. Bitcoin is always take top position in cryptocurrency. Now Bitcoin price has 36k plus something dollars. Recently e Bitcoin price has pumping. Last night Bitcoin price prices 35k dollars. Now it price has increase. So so I hope it right time to buy Bitcoin because future I think Bitcoin price more interese.
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