What factors will you consider for Bitcoin investment? Do you also compare other indexes to check when it is a suitable time to buy in or out for Bitcoin? Like Gold Price? Nasdaq index?
Yes it is important. Im more into crypto so I always tend to look on the tech and fundamental aspect when regards to market price. I think that bitcoin is also comparable to other indexes but some people tend to correlate it more on stock market. When stocks are down then they check and review its effect on crypto market of bitcoin, but Im not a guy refers to that. More of marketcap and price valuation based on tech charts and hype news.