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!!!
Just buy bitcoin right now, no need to wait longer as the price will increase over time. Bitcoin prices had dropped a few days ago from new ATH $5000 to $4000, that was an opportunity to buy cheaper coins, but if you missed it, current price still convenient.
Bitcoin is a better way to store your money compare to bank interest obviously, bitcoin could rise over 400% in this year and may continue to grow. SO, buy bitcoin now, do not store in an exchange but put it in offline wallet then wait for 2-3 years later.
I bought today and yesterday small sums of bitcoin. I still try to find a lower price. Then I'll dump all my money on it. And will hold it for long term like 5 or 6 years ahead.
The trend is likely to go up next years.