1 BTC = $7,992.71 is it now the right time for a person to buy bitcoins and keep to earn more profits OR i still have to hold?
LOL. If you have the funds ready then you should go for it and don't wait till some "experts" here says that it will still bottom. Its already below $8000 so this is a perfect buying point. The price is very fragile that tomorrow might be a day that it will bounce back and recover above $8000 mark.
1 BTC = $7,992.71 is it now the right time for a person to buy bitcoins and keep to earn more profits OR i still have to hold?
Or if you can with for a little while because it will decrease more than that. But if you can not wait that you can even buy now because what matters is, the price now is at the perfect position to buy, such price is enough when btc will move for making a come back up to $10k. If $10k reach from $7,992.71 this is already a success for you.
What if it doesn't go below the current price? As I have said, no need to wait, its another perfect opportunity being offered by the market, why not take your chance and see how it goes for you in the next couple of days?