When Should I Invest in Bitcoin? What is the right time?

[dan_ebay]

Originally Posted by @MasterNaster

All analysis show that going below 5k in the short would be a good wave for the next rally which will surely go over the highest 20k we have seen so far.

All analysis said it was going to pump when it was $7400 a few days ago, then it dumps 15% in a day lol. TA is complete junk in crypto, the volume is too low. One whale selling dumps the price.
Plus nearly all the big exchanges seem to be shady and probably manipulating the prices anyway.

[@NasterXchange]

Originally Posted by dan_ebay

All analysis said it was going to pump when it was $7400 a few days ago, then it dumps 15% in a day lol. TA is complete junk in crypto, the volume is too low. One whale selling dumps the price.
Plus nearly all the big exchanges seem to be shady and probably manipulating the prices anyway.

Well it's impossible to truly predict the future of BTC. You read what happened to ETH most recently? Price fell to a 12-month low lof $228.9 today, failing below the $255.05 of last September.

Anyway, those up and downs are more concerning for people trading with BTC.
If you buy BTC and just use it and/or cash it out right away, it does not really matter for you if the price is actually 1 USD or 50k USD. But once you start trading with it or holding for some time, definitely you should be worried about the future of these coins.
So it really depends on what you are doing with your coins, just like you have USD.

[Teddy0524]

Invest now and hope the day china legalize bitcoin once more = profit

[rsot]

Originally Posted by Teddy0524

Invest now and hope the day china legalize bitcoin once more = profit

Double-edged sword though

[Teddy0524]

Originally Posted by rsot

Double-edged sword though

Yea that's true

[newjerseymax]

Head and shoulders on the Daily. Looks very bearish....

My target is still around $4900.

Might be time to cost average buys as its hard to tell when bottom is in.