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is this a good time to invest in bitcoin?
I know anyone's guess is as good as the next but what's your thoughts on it?
do you have bitcoin? and what's your say on others like litecoin? |
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Diversify.
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Don't diversify - Just sell. In the near future there will be many people with a lot less money then they have right now. When it starts going down, there will be a stampede |
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Usually it's best to do the opposite of whatever the mainstream media tells you to. KEEP BOTH EYES OPEN. Right now they're trying to instill fear of a bubble. In that same breath they're telling you how great the stock market is doing. Take profits on your way up. Take your risk off the table. Don't risk more than you can afford to lose. GOOD LUCK :thumbsup |
invest when it drops and sell when it rises each day and youīll make 100 a day on the same grand you put in...
itīs fluctuating between 19000 and 16000 every day atm :thumbsup |
Dude if you do not know exactly what you are investing in then chances are you will lose money...if you want to gamble on the other hand, buy all the penny shit coins as a hedge and wait a few years...the cheaper the better...understand human psychology and multipliers that can come from some penny shit coin and not a 15k Bitcoin...
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It's a good time for BCH, but buy on a dip.
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YEs if you gamble, No if you spend your milk money.....
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Donīt read articles about it on the mainstream media or interviews with bankers and "so called" experts.
Go to bitcointalk, read and ask a lot. You will find all the answers of your questions there. Download the app Coin Stats and you see the top 1300 most popular crypto currencies in an overview. It also has built in news, all latest informations. Not on every, but on many of the currencies they link directly to their official website and reddit discussion. See all latest infos and chats on there reddits. There was a 300 billion market capital in cryptos around the beginning of november. Now it has doubled to over 600 billion in the past weeks. Itīs really just the beginning now. For next year keep an eye on cannabis, gaming and casino coins too. xD |
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I think just about anyone would admit that at least some of the recent gains are bubble-ish due to more people becoming aware of Bitcoin. I noticed yesterday that Bitcoin, Bitcoin Cash, and Bitcoin Gold were casually mentioned in the financial segment of the TV nightly news. |
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Remember just a few months ago BTC reached 4K and everyone was like 'bubble' 'sell' 'late at the party' and today it's like 16K... It will only go up, there will be corrections, but by next year you will be happy you bought. And then diversify with some coins like IOTA, VEN, XRP etc etc just buy coins you actually believe in the underlying tech and team/investor behind it. |
It's always a good time to get on the train :)
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No.........
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Buy the alt coins, you won't regret it.
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A lot of good coins! if you havent already got in the game start buying the top 3 basic ones then go from there! Don't let the day by day fluctuations make you sell or buy try holding and come back next year and we will see what happened!
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FileCoin
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sell it now god damn!
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It's the aol of the future. Slow and costly if you forget to cancel.
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i'm always thinking about the banks that will fight bitcoin but ripple seems to be something banks actually use to they won't fight it |
I sold off all my bitcoin, but may buy 1 or 2 if it drops to around 8k, but still that's 8k for 1 coin
why spend thousands on 1 coin when you can spread it out over multiple coins? I've made more on other coins i'm sitting on 15 mil Doge 9 mill XVG 1 mill DBG 1 mill XMY 500k DCN 10k ripple 2k LTC 100 ETH and a few others I bought these dirt cheap before they blew up and they didn't cost me thousands for 1 coin. I sold of enough to recover all my initial investment, so these are gravy and I can afford to HODL I visit the reddit alt coin forums plus I watch the chatter on some of these trading sites. I do browse articles but be careful as some are self serving and the writer may have a financial investment at stake in said coin he's talking up Like stated above use Vegas Money and not Milk Money if you are starting out |
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