I did buy in bitcoin over a month ago 7k the plan is to be a long-term hold. Now I have about 20% more to buy in with, with the prices so high and everything I was going to buy some Altcoins Mainly Ethereum Or more bitcoin.
This Is the hard part of my plan trying to figure out should I just hold onto the cash in my account and see what the prices do?
Holding stablecoins is now a waste. If you are a long-term speculator, you should buy now and put as much money as you can. because this is just a signal that the market has turned uptrend, and the game is just beginning. The previous 3 halving of bitcoin has brought a great surprise to many investors. And I think this year will be the same, too many factors suggest that the price of bitcoin will rise very high this year.
First we see that the epidemic in China is increasingly spreading, their economy will gradually go down and people will soon buy bitcoins to keep their money.
Then the world's public debt is getting bigger and bigger and you should know that the crypto market is still having a very small market capitalization. Therefore, it is perfectly reasonable that many whales will come and pour money into this market.