Hi all,
I want to invest some money in Bitcoin (long term investment)
It's better wait the next fall down (like the situation on December/January), or buy now?
Otherwise fixing a target for example 7000 or 8000 $ and buy in that moment?
Thank you in advance for your suggestion
When viewed from the market volume, Bitcoin is quite stable above 8000 USD I guess, also from some news that I monitoring indicates good news. if you doubt at least monitoring various sites about the development of Bitcoin to get updates. Or at least you also have to prepare more capital for backup if downtrend.
Actually if they are looking for long term they should buy it now and forget about the emotion and idea that the pricr might go lower . You are investing your money to investment that you trust that will be a good use in the future so you should not be affraid about the price.