Hello!
Thanks for reading this topic.
I have some money at the bank which I actually don't need. The interest rate is a joke, so I'm looking for long term investment.
BTC price is kind of high right now if you look at the charts and history. But I read a lot of topics and it looks like this doesn't matter at all.
Let's say I want to buy like 2BTC. Do you advice to do it right now or wait till when?
Thanks!!!
Using 2017 as my baseline, every month that you don't invest, Bitcoin will become a little less profitable. As I'm sure you're aware if you've viewed any Bitcoin chart, the price can go up 30% in 6 hours and drop 50% the next. There is a lot of profit taking that takes place on the big swings so just be mindful of that when checking on "how your investment is doing."
My suggestion - wait until it drops. Buy. Put it in a wallet and forget about it for 10 years.