Hi, a friend told me that this is the best time to start buying btc because it's price is dropping, but do you think i should wait and see if it keeps going down? I only have a small amount of money to invest. Thanks for your help, I'm new to this world
I believe that at this time you should not buy bitcoin, you can see that bitcoin prices in the past few days are constantly fluctuating and difficult to guess, the market is bearish in the long term, so to have Successful trade is very difficult. Bitcoins can be reduced at anytime and you will be able to lose a lot of money if you fail to handle it.
But to me i think that the present price of bitcoin is the best time for buying bitcoin and to hold it for a long term. I do not think that we should not be in hurry but should try to wait for some time and hope bitcoin price will recover very soon, because still it i expected that bitcoin price will continue to increase too much.