Dear friends. Newbie here. Tell me, is it true that the bitcoin for a few days/weeks will be able to achieve cost 20000$? A lot of people writes about it. Is it profitable to buy bitcoin now or is it better to wait still?
Please, don't expect something big in bitcoin or crypto because its not a get rich scheme. Those who think it is got burned easily. Specially the irrational buyers last December. Eventually though we can get to $20K, but don't say that we can get there in few days or weeks. You need to have patience mate. There is no right time to buy bitcoin, but its better if you bought it a few weeks ago during the bottom, however, if you are in for the long haul, then buying at today's price shouldn't be an issue.
In the fall, before the strong growth of bitcoin, I already advised my friend to buy bitcoin once and he did not regret it. Will my advice be relevant now?
Of course your advise will still be relevant because bitcoin is currently on a rally. What price will the rally end? Nobody knows. But you have to stick through thick and thin and not panic sell.