Hello,
I'm new here and i really wonder how do you analyze the statistics and make the decision of buying Bitcoin. For example, i want to invest in Bitcoin but don't know the right time to buy. Current price is 8756.70USD and it can probably keep increasing. Should i wait for it to decrease? How long could it be keep increasing in value? When is the best time to enter the market for me?
There are too many information in this forum so i felt kind of lost here. I would really appreciate any kind of advice.
Thanks
If you are a long-term investor then it's always good time to buy bitcoin, even of you at $10,000 market price.
But if you want to earn profits in a short period, the the above advice is better for your prudential investments.
The price of bitcoin may again hike below for correction on the day of upcoming christmas, you are free to decide the right time