After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
All i know when is the right time to buy bitcoin is when the bitcoin price is so low right because if the price of bitcoin is so high it is hard to buy bitcoin because we dont have a enough money to buy it unlike when the bitcoin price so low we have a chance to afford it and make our bitcoin high.
Well it is good to buy some bitcoin when the price of it is too low, some of the bitcoiners are sell their bitcoin at a certain price, and we are freely to choose the price of bitcoin if we are afford it, before we are going to buy. Therefore, to buy bitcoin is better and there are some benefits that we should gain. For example, for now we buy bitcoin at a low price and if our bitcoin was enough we are just waiting the time that the price is going to increase so it is the right time to sell our bitcoin so we should get a profit from it.