When is the right time to buy bitcoin

CoinMarketCap Indexes and why I do not trust them. Romario June Bitcoin is still new and it can take months to understand the true impact Bitcoin can have on the world. Investing in bitcoin is no joke, and securing your investment should be your top priority. The Bitcoin mining industry has grown at a rapid pace.

It just sounded cooler with that. In this guide, we will go through the step-by-step tutorial on how to buy Bitcoins. Lots or questions bitccoin pop up — where and how do I buy them safely? And where do I store them? We want to protect you against all the scams that come with booming markets, in this case, Bitcoin.

Why Invest in Bitcoin?

Everybody who was been involved with cryptocurrencies for a long time remember the hay days back in the end of The entire crypto market was booming and Bitcoin reached its all-time-high on 17 December at USD 19, That is, all-time-high thus far…. Since then, the market has been shifting and the prices have been going down rapidly. FOMO, once again. But, the big question remains. Now when the price of Bitcoin is around USD 5, being the same level as it was at in October , is it the right time to buy?

Appreciation of the Bitcoin Value

Everybody who was been involved with cryptocurrencies for a long time remember the hay days back in the end of The entire crypto market was booming and Bitcoin reached its all-time-high on 17 December at USD 19, That is, all-time-high thus far…. Since then, the market has been shifting and the prices have been going down rapidly. FOMO, once. But, the big question remains.

Now when the price of Bitcoin is around USD 5, being the same level as it was at in Octoberis it the right time to buy?

Or, should you wait a little bit longer to ensure that there are no new all-time-lows just around the corner? In order to give a good answer, you need to consider all possible factors and not focus solely on one.

As we have seen from the past, when different nations and states say that they are contemplating regulation of cryptocurrencies, cryptocurrency prices tend to drop. This is a natural market response seeing as most non-professional investors perceive regulation to be an obstacle to cryptocurrency. What many people do not know though is that the inflow of most institutional money into the cryptocurrency market is conditional upon regulation being in place.

These investors normally have so called investment mandates, stating that they are not permitted to invest in any financial instrument that is unregulated. Accordingly, the investment mandates typically prohibit institutional investors from investing in cryptocurrencies, as cryptocurrencies are not regulated.

However, if cryptocurrency becomes regulated, then institutional investors can invest in. The likely effect is then a great price increase as the demand for cryptocurrencies surges. To give you an understanding of the impact the inflow of institutional money in the cryptocurrency markets can have, consider. The total market cap of all cryptocurrencies in the world today is roughly USD billion. One of the dominant institutional investors in the world — Fidelity Investments — have assets under management worth USD 2.

Fidelity could theoretically buy every unit of every cryptocurrency in the world 13 times over! To summarize, issuing regulation for cryptocurrency will likely have a short term price decreasing effect, as the non-professional investors worry about the possible obstacles that the regulation may pose, whereas the long term effect will likely be a great price increase as the regulation enables inflow of institutional money.

The wise move, focusing on the effects of regulation, could then be to wait for the initial price decreasing effect of regulation to occur and then enter or re-enter the market before the institutional money flows in. Regardless of whether you choose to go in now or wait, it is important to consider where to buy. Different exchanges charge different trading when is the right time to buy bitcoin, and you have to ask yourself:.

The company Cryptowisser lists more than cryptocurrency exchanges in their Cryptocurrency Exchange List where when is the right time to buy bitcoin can filter all exchanges based on which cryptocurrency you want to trade, what fee you accept to pay and how you want to purchase credit card, wire transfer.

To conclude, one can never be sure of when the right time to enter or re-enter the market is. The decision should be thoroughly considered and include many different factors. However, from a regulation perspective, it might be wise to stay cool. And, when you decide to go in, you should also consider through which exchange to go in. News Source. Submit Press Release. You should wait with buying Bitcoin Everybody who was been involved with cryptocurrencies for a long time remember the hay days back in the end of That is, all-time-high thus far… Since then, the market has been shifting and the prices have been going down rapidly.

From a regulation perspective — hold your horses As we have seen from the past, when different nations and states say that they are contemplating regulation of cryptocurrencies, cryptocurrency prices tend to drop. Where to buy? About Contact Privacy Terms Disclaimer.

Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet websites. This can be both good and bad: on one hand, you can make some quick and easy profits on a good day, but you could also lose your entire investment in the. Some crypto investors only nominally accept this idea. There are only 21 million Bitcoin, and as time goes on, they become harder and harder to. Yes, it may take time. Saifedean Ammous, in his book The But Standard draws parallels between the Proof of Work and gold mining and comes to a complete analogy. And we, therefore, offer no opinions on when to buy it. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Playing the price to find an ideal entry point burns more people than bitciin benefits. Bitcoin is censorship resistant money. Bitcoin provides sound and predictable monetary policy that can be verified by. Why Bitcoin is Gaining Traction The world is becoming ever more reliant on the internet. Is when is the right time to buy bitcoin a good time to buy cryptocurrency? Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisors, or hold any relevant distinction or title wwhen respect to investing. You can use our exchange finder to find a place to buy bitcoins in your country. You should do your own research before buying any bitcoins. It generates your When is the right time to buy bitcoin private keys offline.