Hello guys do you think now is a good time to buy bitcoin for trading in cryptocurrencies not for holding it
because the current price looks too high for me (13500$) but im affraid that if i wait it will go more higher to 16k-20k
do you think BTC can fall again at least to 9000$-10000$ or that's not gonna happen and i need to buy it at this price ?
Well, personally, I think every time is the best time to buy bitcoins even if you are going for a trade but it will always depend on your timescale. I mean, if you purchase around $13k worth BTC you can still possibly earn profit and all you need to do is to wait. Honestly, we don't have any idea if Bitcoin if going to fall again or will go more higher, so I think the best option is to take the risk and purchase the amount you want then wait for it to acquire profit.