Dont Buy BTC Expensive, Wait. Whale want to sell you Expensive BTC now, wait and buy BTC cheaper.
If you want to invest on bitcoin in long term then the current price is okay I think because it looks like the price never fall below $6000 so that little amount will not be a big problem in the future when the price will get too expensive.The downtrend may already over and we may see the price rise in the coming days so don't wait too long because the price can jump too faster while you are waiting.There was a slight upward movement in the bitcoin price yesterday so it looks like the perfect time to invest.
Yes, I actually expect that by now long term investors would have started accumulating bit by bit and keep doing so as the market keeps going lower and those who have bought at the peak, can start compensating themselves with the low market.
The interesting thing here is that no one knows what the market holds, but the fact remains that we are still in a bear trend and how low we get, is one thing we cannot know until we see it but for now, it is a good time to start getting in for the long position.
Not sure about the expensive market these days, I know that the market price is very low these days and the price dropped further at 6.1k dollar which is the lowest price recorded this year. We expect a high price soon as I have invested in the market when the price was around 7 k dollar and now the value is lower than my invested value but as I know that it is a long term investment so I will wait till the end.