The best time to buy bitcoin was when it was released

The second best time was a few years ago when it was only like $200/btc

The third best time was probably last year before they went up 650% in value

The worst time is apparently whenever I buy in

  • 9
    Hey mate,

    Bitcoin is such a volatile currency that you never know. I invested right before the last crash earlier this month, and it has paid off relatively well.

    It’s like a long term investment, where it rebounds over and over. But then again, that’s just my experience :)

    Try getting into some newer currencies like Ethereum?
  • 3
    @anishagnihotri i considered buying dome etherium too due to how it correlates with BTC, but I dont make a whole lot lol setting up one secure wallet was painful enough. I had planned to drop a *small* amount each paycheck into BTC until we hit like 500k ea, but that's years away if at all possible
  • 4
  • 0
    @anishagnihotri yo you feel Indian, is it legal there ?
  • 0
    You'll have a good time investing in probably next couple of weeks as after reaching 5000$ a correction will take place.
  • 0
    @sam9669 it's neither legal nor illegal according to the Reserve Bank of India (RBI).
  • 0
    @AkshatB yeah that's confusing me, can you mine them or not ?
  • 0
    Hey I, I’m Indian but not living in India at the moment - in Canada, so it is good. In India it is sort of like a borderline thing so I’ve heard.
  • 0
    @sam9669 you can mine them , trade them but just make sure to report the profits on your income tax filing.
  • 0
    Look up dollar-cost averaging. It's perfect for such a volatile asset.

    If you cba I can explain.

    Just only buy what you can afford to lose.
  • 0
    Now you have the opportunity to take out a loan. To take out a loan to the world's most popular cryptocurrency Bitcoin, which in some countries has a fully legal status of a settlement coin, you must choose a platform that offers such services and register on it. You can read more about this here https://hackernoon.com/12-best-bitc...
  • 0
    I am pleased I hired Recovery Coin Group (RCG) to help recover my 5.78 Bitcoin and 13 Ethereum that I lost via a romance scam. I was lured to make an investment via Telegram group, it’s a long story but the good news is that I recovered 90% of my crypto through the help of RCG and I appreciate their support and service. I strongly recommend you hire the services of this great group and thank me later. Contact: Recoverycoingroup at gmail dot com
  • 0
    Earlier this year, I lost a huge sum of money trading bitcoin on a scam telegram site. I was so devastated making several efforts to get my funds back. I gave up thinking there is no way it can be recovered due to what I’ve heard people say that lost Bitcoin can never be recovered. This made me not even try to see if it’s possible or not. A few weeks ago, when Bitcoin rose to $62,000, while surfing the net on quora I saw testimonies of people who have had their lost cryptocurrency recovered by hackrecovery AT yandex DOT ru. I didn’t hesitate to contact them and with their help all my lost BTC was recovered by them. I have been able to pay off my outstanding debts.
  • -1
    After giving up on my hacked crypto account over 2 weeks ago, I came across J i m F u n d s R e c o v e r y at C o n s u l t a n t   C 0 M recommendation about crypto recovery on a blog, I slide in and file a complaint to them about how my account was hacked by fake investment platform, I sent my hacked wallet address and other evidence to them as requested. Well, let me cut this short. Within a few days of sending the required info, I gained access to my account with my coins intact.
Add Comment