Bitcoin hit an intermediate-term bottom during the SEC and CFTC hearing. If youre new to cryptocurrencies, the volatility can be unnerving. But keep in mind its normal as the industry goes. This was the 13th decline of 30% or more in the last five years.
Now is a great time to buy bitcoin. Its trading close to its 200-day moving average, which has historically been a good buy point.
Yes of course it is a good idea to buy Bitcoin now including Altxoins because I know that one day prices will be doubled or tripled as what we have today. That is why we need to make a smart decission right now whether we have to get in or not. In my case I can't get in for now because I have priorities like everyday needs of my family so maybe next time if I will be given a chance to have a good capital to invest.