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+--- Thread: At this low, is time to buy bitcoin? (/Thread-At-this-low-is-time-to-buy-bitcoin)
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RE: At this low, is time to buy bitcoin? - mothered - 04-17-2020
(04-17-2020, 11:38 AM)Jiggly Wrote:(03-19-2020, 09:48 AM)mothered Wrote:(03-18-2020, 09:22 PM)Oni Wrote: unless you believe Coronavirus will outlast summer.
I believe It will.
It's getting worse day by day. In my country, we're struggling to buy the bare necessities. Supermarkets are out of stock of much-needed commodities. Also, many companies are cutting back staff due to the risk of Infection.
This is concerning! Is this due to panic buying or are suppliers not able to provide as they normally would?
We've been very fortunate - the grocery stores stocks are leveling out very well. Though, we have had a massive increase in alcohol purchases, which is causing stocks of alcohol to decrease. Thankfully, not a necessity.
On topic: This seems like a great idea actually. Risks are always involved with investments in bitcoin, but I'd argue they're within reason during these times.
Quote: Is this due to panic buying or are suppliers not able to provide as they normally would?I believe It's a combination of both, but things are now starting to slowly Improve. You're lucky that groceries are getting back to normal. It'll take a while In my location.
On-topic, I think that any shares that have previously demonstrated good growth, Is a good time to buy at this point. Things can only Improve.
RE: At this low, is time to buy bitcoin? - Oni - 04-18-2020
I'd also recommend playing at other cryptos. BTC has higher transaction fees and will fluctuate in a different manner. Right now I use BTC/BCH/ETH/BAT.
RE: At this low, is time to buy bitcoin? - Gadzso - 04-29-2020
Facebook Libra was ditched by Facebook the other day, but i think they would come up with an idea of making a crypto by themselfs.