Kakashi2020 Posted July 1, 2018 Share Posted July 1, 2018 This is a good question for would be investors and old investors alike. When do you think is the correct time to invest in Bitcoin? With its wild downward price swings this year when would be the best time to buy some? Quote Link to comment https://slingbank.com/forums/topic/1016-when-is-the-best-time-to-invest-in-bitcoin/ Share on other sites More sharing options...
CARLOSP1 Posted July 3, 2018 Share Posted July 3, 2018 Bitcoin's market is recent compared to other existing investment alternatives, having emerged in 2008. However, it has already become one of the most profitable options in the financial world, reaching more than 1100% in just 5 years. Therefore, making an investment in Bitcoin can mean a great business opportunity. Since its inception, the Bitcoin market has grown significantly around the world. To get an idea, at first each unit was priced at less than $ 1.00. In 2013, it came to be sold above $ 1,100.00. It has suffered a slight devaluation, but has recovered and its price currently is over $ 700.00, which may mean a good chance of future earnings. But he is still far from his historic maxim, which could be a good opportunity for entry. Therefore, those who wish to enter this market should do so as soon as possible. 1 Quote Link to comment https://slingbank.com/forums/topic/1016-when-is-the-best-time-to-invest-in-bitcoin/#findComment-1603 Share on other sites More sharing options...
Henrywrites Posted July 4, 2018 Share Posted July 4, 2018 Investing in Bitcoin at the moment should be the goal of anybody that is looking at making some profits in the future. I mean that we are in that period where you can buy the coin at a cheaper price and sell it at a favorable price in the near future when the price has gone a bit higher. Quote Link to comment https://slingbank.com/forums/topic/1016-when-is-the-best-time-to-invest-in-bitcoin/#findComment-1621 Share on other sites More sharing options...
Marako0406 Posted July 5, 2018 Share Posted July 5, 2018 (edited) I really thought that the best time would be now because it's value is low ant it's cheaper to buy but one should think twice before deciding on the investing amount and it should be the amount you can afford to loose as well since Bitcoin is not yet stable and maybe for a couple of years. I guess Buy low and Sell high really works. Edited July 5, 2018 by Marako0406 Quote Link to comment https://slingbank.com/forums/topic/1016-when-is-the-best-time-to-invest-in-bitcoin/#findComment-1647 Share on other sites More sharing options...
EfficientNinja Posted July 6, 2018 Share Posted July 6, 2018 The right time to go for a long position is when it goes above the 200 MA. You'll need to have your trade setup first and have your stop losses and trailing stops set before you enter a trade though. Right now Bitcoin's price is below 200 MA and I can't see it changing anytime soon. I guess it's a good time to go short? But I haven't tried shorting Bitcoin yet. 😛 Quote Link to comment https://slingbank.com/forums/topic/1016-when-is-the-best-time-to-invest-in-bitcoin/#findComment-1660 Share on other sites More sharing options...
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