Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.
Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
Well yes I do believe that it's a good time to invest money in Bitcoin and alternate cryptocurrencies right now as right now the prices of bitcoin and alternate cryptocurrencies is comparatively low because of which it's more profitable to invest money in bitcoin and alternate cryptocurrencies.
There is no good or bad time to enter in crypto world. I have seen people enter in bearish market and still lose and also people entering in bull market make no use of the conditions. The most important thing is how you trade with strategies.