Hey guys, my name is Thamos and I'm fairly new to Bitcoin. I've been reading up on Bitcoin for like, only, 2/3 weeks now. I was already planning on investing but I wanted to have a bit more knowledge about it all. I guess now I do.
I was just wondering, seeing how Bitcoin's price has increased by a lot over the last couple days, when would be best for me to hop in the pool. Should I buy now or should I wait till the price drops (even if it's only by a small percentage)?
I'm just looking for some advice. Thanks a lot!
I think you need to invest as early as possible, because as the value of the bitcoin increase, the amount of bitcoin that you could invest decrease. but if you think that you it is not time yet to invest, it's your choice and your decisions as well. but this time, bitcoin's value just increase at every moment. but you should also be aware that bitcoins could also decrease its value in an instant.
Drop and increase occur in bitcoin price but we see that this year bitcoin has jumped rise tremendously and it is also reality that it has become very hard to purchase bitcoin now a days due to his high price and it is also reality that it is not going to down now but it does not mean that we will wait for time to come down the price and in this way we waste time and the price will go up now.
It is not the peak point of bitcoin now because according to my analysis the price will touch 100k$. So I suggest to invest now without wasting time more.