Is it right time to buy bitcoin

Let’s take a look at the main points that have influenced such a rapid growth of Bitcoin lately:. When is the best time to buy cryptocurrencies? Bitcoins are scarce and useful.

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.

Why Bitcoin is Gaining Traction

All is indeed not well in the cryptocurrency market as we know. At the press time, the Bitcoin price has slipped by 3. One thing which Bitcoin continues to maintain is the market dominance. Looking at the volatile behavior of the crypto market, no one would warn to burn their fingers at this time. Moreover, the crypto market continues to give further setbacks to its investors.

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. 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 fees, and you have to ask yourself:. The company Cryptowisser lists more than cryptocurrency exchanges in their Cryptocurrency Exchange List where you can filter all exchanges based on which cryptocurrency you want to trade, is it right time to buy bitcoin 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 is it right time to buy bitcoin 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? Mike Novogratz Makes Surprising Predictions. Ethereum Foundation Offers Corporate Governance 2. About Contact Privacy Terms Disclaimer.

When Is The Best Time to Buy Bitcoin BTC?

As with anything valuable, hackers, thieves, and scammers will all be after your bitcoins, so securing your bitcoins is necessary. Read more about the Ledger Nano X. When is the best time to buy cryptocurrencies? Do not frantically chase quick profits or parabolic price patterns. However, exchanges will let you buy any amount, and you can buy less than one bitcoin. Nowadays, there are multiple resources available on the Internet including our website that can help you gain all the necessary knowledge. Some crypto investors only nominally accept this idea. Buy Bitcoin Worldwide is for educational purposes. It’s no matter anymore because now everywhere people are talking about cryptocurrencies and it is not possible to get away from this problem. The more an asset on the market, the less its value. Any such advice should be sought independently of visiting Buy Bitcoin Worldwide. The analysis generally follows the same trend, but this time average Bitcoin prices is lowest on Monday. When is it right time to buy bitcoin the best time to buy Bitcoin? It is a virtual currency.