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?
The price factor that I consider why I invest in bitcoin because I believe that the bitcoin price will soar to the high price. It will surpass the gold price, and if you don't have gold, you can use bitcoin as your investment.
I don't compare bitcoin with the other indexes because I don't have much information about that, even I don't always check the gold price. I only check the bitcoin price because I invest in bitcoin, although I have a small amount of gold. I tried to buy bitcoin whenever the price drops deeper, but I don't just buy directly because I always try to analyze the trend, price, and situation before I purchase bitcoin.