bitcoin is crashing, time to buy on etoro?

zemo

bitcoin and other cryptos are going down for the past few days. do you guys think it's an opportune time to buy the dip or will this go even lower?

micofav

choose the coin (or asset) you feel has a better chance to rise after you've done some research. the crypto market is very volatile so i suggest doing an extensive research about it. some may give you suggestions to buy the dip while others may have the opinion that it would still go lower. in the end, it's really up to you but my simplest suggestion is to never risk any amount which you can't afford to lose.

reigel

you really can't just rely on the opinion of others regarding bitcoin and other cryptocurrencies. this is a relatively new market and even most financial experts are also having a hard time predicting the future price movement of these assets. i'd suggest monitoring the latest news about specific coins like XRP. their current issues with the SEC can have a direct effect on its market value so if there's a growing indication that they will win the case then expect the value of XRP to go up but if they lose the case then it's price is most likely to to down. good luck!

AteNTICI

Crypto markets are on the red again so times like these are more opportune for buying the dip. Don't expect guaranteed profits though because their prices could still go lower. Otherwise, it could go sideways or up. If you're newbie and still don't know how to trade then I suggest you read eToro Bitcoin tips on how to buy and sell.