Hello everyone
I have around 2400$ and I have the idea to invest them by buying bitcoin. I plane for a long term investment (few months to year). Best time to buy BTC and best strategy (I heard about a hard fork will happen soon) ? Other ideas to invest this amount of money for the indicated period of time ?
Thank you
Indeed, investing in bitcoin for a long time is a good idea to earn a high profit. Before you buy a bitcoin you should remember that you will buy at low price and sell it in high price in the future. Regarding on how you will invest it, just store it in your wallet for a long time you could also called that investment.
Storing indeed is one way for people to earn easy money on bitcoin and since trading currently is hard due to the rapid growth of bitcoin's price then storing would be the best way to do it. Investment isn't about buying low and selling high but rather but putting our money into something that we trust to grow someday and right now, is bitcoin. Better get hold of it until the price settle since ,for me, I expect to have a dump after this hard pump since there is an event that will happen soon.