Bitcoin prices plunged from $4900 to $3300 withing pan of few days. Now some news-points from bitcoin world are claiming this price plunge was planned. Check following links:
Now without going into whether above claims are true or not, my concern is "Isn't this is the right time to enter the bitcoin market or purchase few more". There is definite signs of improvement in the bitcoin price market. Current price is around $3757. It is quite possible to see bitcoin back to 4k to 5k or more. Given biggest players from finance sector are eying this lucrative market. What do you think, is this is right time to buy some more bitcoins or wait and watch?
Yes, I think It is the best time to buy bitcoin. I believe the market will rise soon.
This seems so. Now is the best time to enter the market and invest in Bitcoin. This has many reasons. First of all, the price market has been a bit stable and stability is what gives rise to rise in investment. Besides, investment in a stable asset promises incentives and benefits in future. Second of all is that the monetary value of Bitcoin in the market is relatively low, better enter now before the mega price rise.