RE: Bitcoin - Predict the Price (video/podcast)

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Bitcoin - Predict the Price (video/podcast)

in cryptocurrency •  6 years ago 

I've always been unsure about crypto currency...
Is it worth it? Of course, there is risk. It's like the stock market.
Id now the right time to buy it though?

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6 years ago by

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      ·  6 years ago 

    Nobody can say exactly which way the market is going, but the fact that it's almost at a 9 month low might be a good sign for buying. Ed Bugos of The Dollar Vigilante thinks bitcoin itself might bottom out around $4800. If I had no exposure to the market, I'd start buying now. Dollar cost averaging (or pound cost averaging) is always a safe play, buying 50 pounds a week or something similar according to your budget. It's not stressful and you don't have to think too much about it, and this way you buy more BTC when the price is lower and less when the price is higher. Good luck

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      ·  6 years ago 

    $5000 would be a good time to buy. i believe many out there have their cash ready to pump in to bitcoin. just the time is not right now. what we predicted last year has been postpone another 6 months, and there is no sign of recovery.

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