Hello
anyone know how much more time bitcoin required in bitcoin correction and when market will be stable again actually i am planning to buy some bitcoins but still confused it will go onward 9K or will decrease some persons told me bitcoin will down to 6K then go up approx 35K or more after 4/5 months ?
what you suggest me ?
and who is correcting bitcoin i see many peoples loss their money in panic
anyone know how much more time bitcoin required in bitcoin correction and when market will be stable again actually i am planning to buy some bitcoins but still confused it will go onward 9K or will decrease some persons told me bitcoin will down to 6K then go up approx 35K or more after 4/5 months ?
what you suggest me ?
and who is correcting bitcoin i see many peoples loss their money in panic
No one can tell you any definite reason when the price of bitcoin will recover because no one is sure why the price is going down. If we know the reason, we can do some definite calculation. But that's not the case here.
However, if you want to invest in bitcoin but not sure what would be the right time, I will suggest you to take the SIP route. It is a real world investment technique which average out the buying price of an asset and lowers the risk. Try buying a certain amount of bitcoin at a certain interval. For example, buy some bitcoins at 5th of every month at various price points. It will average out your buying price and you will have higher profitability when the market goes up.
This SIP method is practised in all stock markets around the world keep portfolio risk at lowest possible level.