Skip to navigationSkip to content

Is now the time to buy bitcoin? Consult this flowchart

Published This article is more than 2 years old.

You’re reading a Quartz member-exclusive story, available to all readers for a limited time. To unlock access to all of Quartz become a member.

During the cryptocurrency boom,  investors who didn’t buy early could only look longingly as prices soared and bitcoin minted millionaires.

Now that the market has plunged, prices are back to where they were in mid-2017. For the crypto-curious, this may seem like a good time to take the plunge. But be warned: The crypto market comes with some big promises, big losses, and extreme volatility.

We’ve mapped out the best strategy for both a novice player and an experienced trader. Your best move depends on what you think the future holds and whether you’re prepared for what comes next.