It is really important to know what the price of bitcoin is because if you buy bitcoin at a high value then there is a possibility to lose your money because the value will go down eventually and i think that it is the most import reason why everyone is investing in bitcoin.
That is right. The value of bitcoin does matter when trading and investing. Better watch the market price when seeking or buying coins to see if going to gain huge profit from it when you do so. It is important that calculate everything before doing something because it takes risk. When going to sell where wanting for the price to increase and decrease when buy some coins. Better analyze all the time.