After a brutal start to the year for cryptocurrency investors, Bitcoin sell for bitcoin back big time in April. When is the best time to buy Bitcoin in general? Well, it’s impossible to predict the future performance of any investment, and cryptocurrencies are especially volatile and unpredictable. So figuring out exactly when to buy and sell Bitcoin is essentially a guessing game.
What was the best recent month for buying Bitcoin? Bitcoin at the beginning of the month and unloaded it by month’s end. As you can see, November 2017 was the best time in the last six months for a theoretical investor to buy and sell Bitcoin over one month’s time. 4,700 by the end of the month. Even though the data above reveals some of Bitcoin’s steep ups and downs, they don’t show the even wilder price fluctuations within some of the months. As for the worst times to buy Bitcoin, those have come in abundance lately as well.
Investors would have been in even worse shape if they’d purchased Bitcoin a few days earlier. If you were a longer-term investor in Bitcoin—holding on to the investment for, say, a full year before selling—2017 would have been an awesome time to do it. Money may receive compensation for some links to products and services on this website. Offers may be subject to change without notice. Quotes delayed at least 15 minutes. Market data provided by Interactive Data.