Finder surveyed 23 crypto industry specialists to find out if you should buy, sell, or HODL
As Bitcoin (BTC) continues to set new all-time highs, the majority of our experts agree on one thing: there’s still more upside potential in the years to come.
However, price swings have been steep, from highs above $110K to drops as low as $90K this year alone. Many investors are wondering: Is now really the best time to buy?
To help make sense of the volatility, Finder surveyed 23 crypto experts, starting with a simple question: Is now a good time to buy Bitcoin?
Here’s what they said — and why.
The expert consensus: buy, sell, or HODL Bitcoin?
The majority of the panel was bullish on the topic, with 61% saying to buy, 26% saying to hold and just 13% advising to sell your crypto. That means most of those surveyed believe there is still more upside to be had with Bitcoin, despite its recent climb.
However, you should consider your personal risk tolerance and investing style alongside any advice, as each can have different implications on any potential success.
- Buy: If you believe in the long-term potential of Bitcoin, now may be a good entry point, especially if you are a buy-and-hold type of investor.
- Sell: A small section of the panel believes Bitcoin is overdue for a price correction, which could negatively affect your portfolio if you’re a short-term trader. If you bought a while ago, it may be time to take some profits from your realized gains.
- Hold: If you already own some Bitcoin, a handful of our experts claim that now is a good time to hold tight and ride out the volatility — especially if you have a lower risk tolerance.
Overall, the panel points toward cautious optimism, but it’s always a good idea to do your own research to decide what works best for your financial goals.
Why experts say now is the time to buy
Rising demand, global economic uncertainty and the belief that BTC is undervalued are three core reasons our panel leans positive on Bitcoin’s future.
Rising corporate demand
Several experts cited increasing demand from institutions and corporations as a major driver in Bitcoin’s future price. Even governments are establishing Bitcoin reserves and stockpiling crypto, and several of our experts had something to say about it.
According to Martin Froehler, CEO of Morpher, “Corporate and institutional demand is not slowing down while retail is still absent and nation-state adoption is just getting started.”
Mitesh Shah, CEO of Omnia Markets, believes that “relentless inflows into spot ETFs, with products like IBIT alone attracting over $13.7 billion this year, are absorbing a shrinking available supply.” This shrinking supply is another factor in Bitcoin’s rising price. According to Shah, over 70% of all Bitcoins have not moved in a year, putting further pressure on Bitcoin’s price.
A hedge against uncertainty
Bitcoin is becoming known as “digital gold” — the traditional investment against inflation. As inflation, tension in the Middle East, and rising interest rates dominate the headlines, more investors are turning to Bitcoin as the new hedge against a tumultuous stock market.
Desmond Marshall of Rouge Ventures believes “BTC is becoming more in tune with gold these days, especially after the bombing of Iranian nuclear sites by the US… The US government is already buying [large reserves] of BTC.”
Ben Ritchie of Alpha Node Global says that “our Bitcoin price forecast remains at $160,000… Bitcoin is increasingly demonstrating its role as a store of value during periods of geopolitical and macroeconomic stress.”
According to these experts, Bitcoin is becoming less of a fad and more of a limited commodity that tends to gain value when traditional investments are less stable.
Bitcoin may still be undervalued
Despite its recent climb, the majority of our experts believe Bitcoin has yet to reach its true value. In total, 52% of those surveyed believe BTC is underpriced.
“Bitcoin’s current price doesn’t fully reflect the underlying momentum in the market,” says Nicole DeCicco, CEO of CryptoConsultz. Meanwhile, John Murillo of B2BROKER claims that “long-term prospects for BTC remain very favorable given accelerated worldwide adoption.”
These experts view Bitcoin and decentralized finance as a whole as a fundamental shift in how money is stored and moved. They argue that the newness of crypto and its lingering stigma mean the market hasn’t fully priced in its transformative power.
Why some experts say to sell or hold
Most experts believe Bitcoin is a buy right now, but not everyone is convinced. Around 39% of our panel says you should either hold or sell your BTC right now. Those critical of Bitcoin’s potential question its long-term viability and adoption, especially since so much of crypto is based on speculation.
John Hawkins, a senior lecturer at the University of Canberra, says that “BTC, and crypto in general, is being propped up by the Trump administration, ironically given its initial promotion as an alternative to government-backed currencies and support from libertarians. But it still lacks any fundamental value, and after 16 years, it has still failed to meet its initial aspiration to be a common means of payment. It remains a speculative bubble.”
Other experts warn that Bitcoin’s recent climb could trigger a price correction, believing that BTC is overhyped and potentially overpriced.
What this means for you
With conflicting opinions from industry experts, you may be wondering what this means for you. While the majority believe now is a good time to buy BTC, it doesn’t mean you should automatically dive in.
- New to Bitcoin? Start with a small investment. Most crypto exchanges allow you to buy fractions of coins, which limits your exposure.
- Already own Bitcoin? Evaluate your portfolio’s balance against your risk tolerance and overall goals. Does BTC represent too much risk for your current holdings, or should you add more to your cache?
- Thinking long term? When it comes to crypto, volatility is expected. Instead of chasing peaks and quick payouts, focus on managing your overall risk exposure and don’t trade on emotions, especially in dips.
- Unsure of what to do? No expert can predict the market’s future. Use this survey as a starting point, and consider your time horizon, risk tolerance, and overall financial goals.
Bottom line
Most experts on the panel claim Bitcoin is a buy right now. With growing institutional interest, economic uncertainty, and limited supply, BTC may be headed for another climb.
But like any investment, Bitcoin isn’t immune to swings. Cryptocurrency is notoriously volatile, and some experts say it doesn’t hold any real value beyond speculation.
Before jumping in, take the time to evaluate your financial goals and how an asset like Bitcoin may fit into your portfolio.
