+2.30% (24h)
The chart and prices are fetched live from the public APIs of Binance and CoinGecko. Not investment advice.
Should I buy Bitcoin now? The short answer
Nobody knows which way the price of Bitcoin will move tomorrow, next month or next year.
That is why the question "should I buy Bitcoin now" has no answer that fits everyone.
Bitcoinsuomi.com does not give investment advice, but you can assess a purchase decision with the same questions whether the price has just risen or fallen.
More important than guessing the right moment is whether Bitcoin fits your finances, time horizon and risk tolerance.
What Bitcoin's price history says about timing
Bitcoin's price history shows that the same moment of purchase has looked either excellent or poor a year later.
| End of year | Bitcoin price (approx.) | Change from previous year |
|---|---|---|
| 2018 | €3,500 | – |
| 2019 | €6,500 | up |
| 2020 | €24,000 | up |
| 2021 | €41,000 | up |
| 2022 | €15,500 | down |
| 2023 | €38,000 | up |
| 2024 | €92,000 | up |
| 2025 | €75,000 | down |
Rounded year-end prices, also used in the site's calculators. The prices are indicative.
Year-end prices don't show all the volatility. The price of Bitcoin fell more than 80% from its 2017 peak in 2018, and more than 70% from its 2021 peak in 2022.
After both falls the price later rose to new highs, but history does not guarantee the same will happen again. The full development since 2013 is on the page Bitcoin price history.
Questions to ask before you buy Bitcoin now
These questions help you assess whether buying Bitcoin right now makes sense in your own situation.
- Do I have a buffer? Savings for unexpected expenses should be kept separately before money goes into Bitcoin.
- Do I have expensive debt? The interest on consumer credit or a credit card is a certain cost, while Bitcoin's return is uncertain.
- How long is my time horizon? Bitcoin's price has swung sharply over the years, so money meant for short-term needs is a poor fit.
- Can I withstand a 70–80% fall? There have been several in history. If a fall would force you to sell, the investment is too large.
- Do I understand storage and taxation? Owning Bitcoin involves wallet security and reporting taxes.
If Bitcoin is bought with borrowed money or a credit card, the debt remains even if Bitcoin's value falls.
In Finland, the interest on credit cards and consumer credit can be at most the interest rate cap, which from 1 July to 31 December 2026 is 17.5%. The interest is paid in any case, while the value of Bitcoin can also fall.
The costs and risks of buying with a card are covered in more detail in our guide to buying Bitcoin with a card.
Lump sum or buying Bitcoin in parts?
If choosing the moment feels difficult, some buyers split the amount into several smaller purchases. This is called dollar-cost averaging (DCA).
| Lump sum | Buying in parts (DCA) | |
|---|---|---|
| Purchase price | one price, one moment | average price across several purchases |
| Importance of timing | high | lower |
| Fees | one purchase fee | several purchase fees if the service charges per purchase |
| If the price rises straight away | the whole amount benefits | later purchases are made at a higher price |
Neither approach removes risk, but buying in parts reduces the importance of a single moment of purchase.
What affects Bitcoin's price now?
The same factors affect Bitcoin's price now as before, although their weight varies.
- Demand and trust: Bitcoin's value rests on buyers being willing to pay for it.
- Halving: the issuance of new bitcoin halves about every four years, most recently in 2024.
- Funds and ETFs: the approval of spot Bitcoin ETFs in the United States in 2024 brought new buyers to the market. More on the page Bitcoin ETFs.
- Interest rates and the economy: central bank rate decisions affect investors' appetite for risk.
- Regulation: the EU's MiCA regulation defines which licences are needed to offer crypto services.
Messages pressuring you to hurry are a common sign of a scam, not a real opportunity.
Scammers often use the names of well-known people, promise guaranteed returns and ask you to install remote access software or transfer money directly to a private wallet.
European supervisory authorities have reminded consumers that money invested in crypto-assets can be lost entirely.
The best-known scam methods are collected in our guide to Bitcoin scams in Finland.
Who is buying Bitcoin not suitable for?
- If you need the money in the next few years, for example for a home deposit.
- If you would buy on credit or with money whose loss would endanger your finances.
- If sharp price swings would lead you to panic-sell.
- If you aren't willing to learn about storage and reporting taxes.
If you decide to buy Bitcoin: the practical side
Buying Bitcoin in Finland is easy, but check a few things before your first purchase.
- The service's licence: a crypto service provider must hold a MiCA licence. Those licensed in Finland are shown in the FIN-FSA's list of supervised entities.
- Storage: many people move larger amounts to their own wallet and keep the recovery phrase safe.
- Taxation: capital income tax of 30%, and 34% on the part above €30,000, is paid on selling Bitcoin and swapping it for another crypto. More on the page Bitcoin tax in Finland.
The steps of buying are described in our guide to buying Bitcoin in Finland.
Should I buy Bitcoin now: frequently asked questions
Should I buy Bitcoin now?
Bitcoinsuomi.com does not give investment advice, and nobody knows Bitcoin's future price. What matters in a purchase decision is your own finances: a buffer, debts, time horizon and whether the investment can withstand a fall of as much as 70–80%.
Is now a good time to buy Bitcoin?
You only know a good moment to buy afterwards. Some buyers split the amount into several purchases (DCA), which reduces the importance of a single moment.
How much Bitcoin should I buy?
The right amount depends on your own finances. A common principle is to use only money whose loss would not endanger your everyday life or important goals.
Can I buy Bitcoin with a small amount?
Yes. Bitcoin can be bought in fractions, and the smallest unit is a satoshi, or 0.00000001 BTC. Many services let you buy with just a few tens of euros.
Can the price of Bitcoin still fall?
Yes. Bitcoin's price has fallen more than 70% from its peak several times in history, and the same is possible in the future.
Risk warning: Bitcoin is a highly volatile asset, and you can lose the money you invest in it. This content is general information, not investment advice.