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Anonymous

19 Jul 2019

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Is it a good time to buy bitcoin?

Bitcoin was one of the hot investment topics in the past. Now that it is not so talked about anymore, it just probably means that we can get it at a good price right?

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Clarence Chua

01 May 2019

Financial Planning Specialist at Prudential Assurance Singapore

Cryptocurrency is a relatively new investment. Even though it started in 2009; it wasn’t until recent years that it took off.

Rather than asking if this is a good time to buy bitcoin, I think you should research more on the cryptocurrency space and blockchain tech. If you believe in it, then you may wanna take a small portion out to invest in it.

Don’t try to time the market. Set out guidelines for your portfolio and strategies, and respond and review accordingly.

With bitcoin price today, a person that bought bitcoin at 15k and sold at 20k had made more gains that a person that bought bitcoin at 5k. Current price is about 5.2k usd.

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