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!
welcome to the Community! I personally would suggest to wait for a major dip. I dont know if you are familiar with how to use order books comfortably yet. but put a decent order about 10-30 percent under the current price, or the 24 hour low if you want to play it safer. that way, unless we undergo a major prolonged correction, you should be fine. whatever you do, dont buy into a peak! from experience, its goes poorly more often than it goes positive